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NYSE REAL MOST ACTIVE S&P 500 Closes May With Gains.(B)

Investor's Business Daily

| June 01, 2004 | COPYRIGHT 2004 Investor's Business Daily, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Byline: DAVID SAITO-CHUNG

The S&P 500 lost less than 0.1% Friday, but closed the week up 2.6%. The Dow slipped just 0.2% and gained 2.2% for the week. Both indexes halted a four-week slide. NYSE volume fell sharply ahead of the Memorial Day holiday.

Consumer-related shares enjoyed brisk demand. Harman International Industries rose 2.34 to 80.14 on more than twice its typical volume. The stock has gained 170% since its breakout from a base in mid-April 2003. The audio components supplier recently undercut its 50-day moving average, but limited its decline to just 19.4%.

Ball Corp. gained 1.19 to 68.31, climbing back above its 50-day moving average on heavy volume. The metal and plastic packaging firm unveiled its Sleek Can, which holds 12 ounces of ...

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