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Reply #29: 1:24 and not getting better [View All]

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Maeve Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-21-04 12:25 PM
Response to Reply #28
29. 1:24 and not getting better
Dow 10,175.76 +26.69 (+0.26%)
Nasdaq 1,898.54 -18.53 (-0.97%)
S&P 500 1,107.47 -1.20 (-0.11%)

10-Yr Bond 4.499% +0.051


12:25PM: Major indices take a turn for the worst as the Nasdaq extends its pullback... The Composite has dropped 10 points in the past half hour, and pushed the Dow and S&P 500 down 15 and 3 points, respectively... Faltering semiconductor and biotech sectors continue to be a thorn in the market's side - the two groups setting a succession of new session lows... Their influence in the market has offset still solid gains in areas like banking, drug, and telecom... Market internals reflect the more bearish tone of trading, with decliners ahead of advancers at the NYSE and Nasdaq...

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