Drive Renewed After Profit Taking: List Gains in Week
NEW YORK. April 25 (AP)ÛÓThe stock market soared to still higher record peaks this week, broke on profit taking, then launched a new upward swell as the week ended.</br></br>Thanks to a sharp recovery on Friday, the market managed to post a small gain on average for the week. The Friday advance followed two days of decline after the popular averages climbed to historic high's on Monday and Tuesday.</br></br>Electronics and other space-age issues spurted once again. Blue chips, which paced last weekÛªs mafch to record highs, were not so prominent.</br></br>The Associated Press average of 60 stocks rose 40 cents to $227.90. The last record of $228.70 was set on Tuesday.</br></br>At weekÛªs end the Dow-Joncs industrial average stood at 627.39 compared with its record of 629.23, also reached on Tuesday.