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Bluefield Daily Telegraph in Bluefield, West Virginia

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Newspaper

Bluefield Daily Telegraph

Location

Bluefield, West Virginia, United States of America

Date

Aug 08, 2001

Page

16

Market Summary Mil A A L Sa eT

Market summary notes small gains and mixed activity in early trading. Investors watch inflation data and policy signals as crude prices edge higher and major indices hover near session highs. Analysts highlight modest breadth with tech leading on optimism about earnings.

Cisco John Chambers Wall Street Larry Wachtel Prudential Securities Wachtel

Stocks mixed as techs stumble on downgrades and earnings

On Tuesday the Dow rose 57.43 to 10,458.74 while the Nasdaq fell 6.47 to 2027.79 and the S&P 500 gained 3.92 to 1204.40. Tech shares weakened after Credit Suisse First Boston downgraded several semiconductors, with Novellus and Applied Materials sliding, even as Cisco traded mixed after earnings.

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