Sep 25, 1997 12:10 PM

Orders Hot, Market Cool

The government's monthly report on orders for durable goods showed a surprising surge - 2.7 percent. Financial markets, ever alert to signs of economic overheating that could trigger interest rate rises, fell: In midafternoon trading, the Dow was down 40 to 7865. The Nasdaq was down 3 to 1686.

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Paramount Refused to Air an Ad Criticizing Its Merger With Warner Bros.

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