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Thursday, April 20, 2000

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Nasdaq further up in early trading

NEW YORK, APRIL 19. Stocks were narrowly mixed today as investors took some profits from a powerful two-day run but couldn't resist bargain-hunting in the recovering technology sector.

In morning trading on Wall Street, the Dow Jones industrial average was down 1.86 at 10,765.50. The Nasdaq composite index was up 41.94 at 3,835.51, and the Standard & Poor's 500 index was up 2.33 at 1,443.94.

In the past two sessions, the Nasdaq has risen 472 points and the Dow average has gained 461, wiping out big chunks of the crushing losses sustained last week.

Asian markets close higher

Asian stock markets closed mostly higher today on the back of Wall Street's rise - although many prices peaked out early and failed to hold onto their biggest gains.

Tokyo's key stock index snapped a four-day losing streak, led by technology shares that were boosted by New York's higher prices yesterday.

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