Gains Spotty As Dow Rises 9.56 Points
NEW YORK, Oct. 27ÛÓTakeover news and speculation provided most of the excitement as the stock market chalked up some spotty gains today.</br></br>Volume on the New York Stock Exchange came to 133.24 million shares, down from 137.48 million Friday.</br></br>Later this week, the Treasury is due to announce its quarterly financing plans. Analysts said traders were wary about interest-rate prospects, pending word on the size of the refunding and signs of how it might be received.</br></br>Though stock prices have managed to post some gains in recent weeks, the rally has been met with considerable skepticism on Wall Street.</br></br>Brokers say investors' confidence apparently has yet to recover fully from the selloff that hit the market early last month.