Stock prices turned mixed in slow trading today, stalling after a two-day runup.
The Dow Jones industrial average, which gained 5.94 points Monday after adding 40.84 points on Friday, was up 1.74 to 2,567.33 by noon.
Among broader market barometers, the New York Stock Exchange index of all listed stocks rose 0.12 to 177.19. On the American Stock Exchange, the market-value index fell 0.23 to 302.37.
Declining issues slightly outnumbered gains by about a 7-to-6 margin on the NYSE, with 694 down, 617 up and 547 unchanged. Volume on the Big Board totaled 81.38 million shares.
Bank stocks showed prominent advances among the most actively traded issues, rising on word that the Federal Reserve was easing reserve requirements to stimulate lending and ease a credit crunch hurting the economy.
Citicorp rose 1 1/4 to 14 1/8 , Chase Manhattan rose 1/2 to 11 1/2 , and BankAmerica rose 1 1/4 to 24 1/4 .
NCR, target of a takeover bid by AT&T, rose 1 5/8 to 83 1/8 . AT&T rose 1/8 to 30 1/4 .
Continental Airlines led the Amex's most-active list, dropping 1/4 to 1 3/4 . The company filed for bankruptcy court protection from creditors on Monday.
In the over-the-counter market the leading issue was MCI, down 1/8 to 19 1/8 with more than 1.5 million shares traded. Investors evidently have been trimming their holdings of the telecommunications concern recently on reports that AT&T's aggressive business strategies have stalled MCI's growth.