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Online edition of India's National Newspaper 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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Section : Business Previous : Bear hammering pushes down Sensex Next : Cognizant reports record revenue in Q1 | |
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