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Stocks Mixed in Early Trading

December 31, 1997

NEW YORK (AP) _ Stock prices are narrowly mixed in light trading. The Dow Jones Industrial Average is down four points in today’s early going. Decliners on the New York Stock Exchange hold a slim lead over advancers.

The Nasdaq Composite Index has gained a fraction and the Standard & Poor’s 500 Stock Index is down fractionally.

Stocks are beginning the final session of the year with a downward bias. Analysts say some investors will be looking to take profits following two straight days of solid gains.

Unless the Dow falls more than 178 points today, the blue-chip index will close the year with a gain of more than 20 percent for the third straight year.

The Tokyo and South Korean markets were closed. Stocks in London were little changed in an abbreviated session.

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