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Tech rally falters as market eyes rates and yields
Wall Street slipped with the Dow down 75.35 as technology shares rose on upbeat sales outlooks but higher interest rates and a 6.02 percent yield on the 30 year bond kept investors cautious. Intel Applied Materials and Dell supported tech while Procter & Gamble led Dow losses on a broad restructuring plan.
MENTIONED IN THIS ARTICLE
RON Campbell Investment Planning
Raymond James Financial Services
Abbott Labs
Allegheny Electric
AFLAC
Ameritech
At&t Corp
Am, Water Works
Anheuser-Busch
Apple Computer
IND. Tech
Ashland Coal Inc
Ashland Oil Inc
Atlantic Richfield
Baker-Hughes Inc
Baltimore Gas & EL
Bankamerica
Bell Atlantic
Bellsouth Corp
Bethlehem Steel
Boeing CO
CBS Corp
Cabot Oil & Gas
Carolina Powers
Chevron Corp
Chubb Corp
Citizens Utilities
Coca-Cola CO
Columbia Gas Sys
Columbia Healthcare
CON
Nat'l Gas
Corning Inc
Suntrust Banks
CSX Corp
CVS Corp
Daimlerchrysler AG
Detroit Edison
Dominion Res
DOW Chemical
Dupont
Eastern Ent
Eastman Kodak
Emerson Electric
Ethyl Corp
Exxon Corp
First Union Corp
Virginia Bank
Flowers Industries
FMC Corp
Food Lion Inc
Ford Motor CO
GEN. Electric CO
GEN. Motors Corp
GTE
Georgia Pacific
Gillette
GLAXO
Goodyear Tire
Hercules Inc
Humana Corp
IBM Corp
Ingersoll-Rand
Intel Corporation
K-Mart Corp
Kroger CO
Lowe's Cos
Lucent Technologies
McDonald's Corp
Merck & CO. Inc
Microsoft Corp
Mobil Corp
Monsanto CO
Mylan Labs, Inc
Nash Finch CO
Navistar Int'l
Nike, Inc
Norfolk Southern
Occidental Pete
ONE Valley Bank
J.C. Penney CO
Pennzoil CO
Pepsico Inc
Phila Electric
Philip Morris Cos
Phillips Petroleum
Pittston Brinks
Pittston Burlington
Pittston Minerals
Potomac Elec
PWR
Praxair, Inc
Reynolds Metals
Rite Aid Corp
RJR Nabisco Hldg
Rockwell Int'l
Sara Lee Corp
Sears Roebuck
Sherwin Williams
Shoney’s Inc
Southern CO
Tenneco Inc
Texaco Inc
Tricontinental
Union Carbide
Union Pacific
Unisys Corp
USX
U.S. Steel
Wal-Mart
Walt Disney CO
Wendy's Nnt'l
Westwaco Corp
Williams Cos
New York
Wall Street
Federal Reserve
Treasury
Richard E. Cripps
Legg Mason
Baltimore
Cripps
Semiconductor Industry Association
Pfizer
U.S. Food and Drug Administration
Warburg Dillon Road
Dow
George Fisher
Fisher
Kodak
Daniel Carp
Fed
Brian Belski
George K. Baum & Co
Kansas City