Word: upwards
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Under the impact of the sudden influx of cash, the Hong Kong market has surged upward in the past three months, now averages a $1,000,000-a-day turnover, more than three times the preboom volume...
Funston pointed out that a decade ago, only 4% of the nation's 10 million high-school students were ever expected to take economics, and that only one state, Oregon, required economics for a high-school diploma. Since then, "the number of students taking economics shows no discernible upward trend," although in the same decade the number of Americans who own stock has nearly doubled from 6,500,000 to 12,500,000-owing, in no small part, to Funston's own efforts to bring new investors into the stock market...
...keep track of satellites whose radios are silent, it is a notable improvement on other radars, which have difficulty finding a small satellite unless they know where to look. Big, 50-kw. transmitters were established at Gila River, near Phoenix, Ariz, and Jordan Lake, Ala., spraying radio waves upward in the shape of open fans. Some 250 miles on either side, receiving stations pick up signals that bounce off any object passing through the fans. By a kind of triangulation, the operators can make rough estimates of the object's speed, distance and course...
...Sliding to its lowest point in ten months, the market suddenly plunged lower; selling was heavy, the tape ran minutes late on the downside, and the Dow-Jones industrial average gave up six points in less than two hours. Then, just as suddenly, the market turned about and headed upward in a broad and spirited rally. It continued to rally for the rest of the week, ended at 628.45 on the industrial average, up 6.22 points for the week. Said Sidney B. Lurie, partner of Josephthal & Co.: "The scare is over...
...activity that should lengthen the overall uptrend of the economy. Most Wall Streeters now do not believe that there will be a recession in 1961. As for the market, it may well take a breather until first-quarter reports. They are expected to be good, give stocks a new upward push...