January's Investment Explosion; Record Activity Tied to Shift in Inflation View January's Investment Explosion Plummeting Bond Markets The Laggards
One of the most tumultuous months in the history of American financial markets closed yesterday in characteristic fashion. The stock markets churned through yet another day of heavy volume--65.9 million shares on the New York Stock Exchange--while gold lurched abruptly downward, then up again, closing more than $40 over its low for the day.