Dow Plunges 13.14 On Worried Market: Market Tumbles
NEW YORK (AP) - Profit taking pressures heightened by doubts about the prospective strength of the economic recovery struck the stock market with its largest loss in more than five weeks Tuesday.</br></br>The Dow Jones average of 3t) industrials fell 13.14/ to 843.30 for its sharpest decline since it gave up 14.G4 points on Oct. 24.</br></br>Standard & PoorÛªs 500-stock index dropped 1.34 to 89.33, and the New York Stock Exchange composite index gavcup .74 to47.22.</br></br>Brokers noted that the market had begun to weaken Monday, when the Dow slipped 4.33 amid disappointment over market's evident inability to rally following President Ford's decision last week to support federal help for New York City.</br></br>There was also concern that the upward momentum built up by the economy in late sutamer and early autumn might be dissipating. Last Friday the government reported that its index of leading economic indicators posted its second monthly decline in a row in October.