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.
MENTIONED IN THIS ARTICLE
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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