Dividend Actions, Earnings Reports Assist Stocks to Resume Advance
NEW YORK, Feb. 27 Ml.ÛÓThe stock market snapped back into its rising trend this week with a strong rally.</br></br>This weekÛªs advance followed a one-week decline, which was the first time the market had sold lower on the week this year.</br></br>The move upward was not an unalloyed show of strength. Many small points detracted from the performance. But there were enough reasons for the rise to arouse bullish hopes that the market now stands ready to make a try for a sustained advance into new high ground.</br></br>All week the market seemed to ignore broad economic or political developments. None was taken as an excuse for mass movements. Rather, the market appeared to feed upon various favorable corporate events and upon satisfactory internal market conditions.</br></br>Corporate earnings and dividends have been holding at a high level. An Associated Press survey of 438 corporations showed three out of four did