TECH STOCKS: A ReboundTECH STOCKS: A Rebound

Small gains were recorded in our <i>information</i> 100 and the Nasdaq Composite.

George V. Hulme, Contributor

March 16, 2004

1 Min Read
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Wall Street closed Tuesday in the black, not 24 hours after pundits said investors fear that more al-Qaida attacks are in the offing. The Federal Reserve decided to leave short-term interest rates at their 45-year low largely because of sluggish job growth. But that news couldn't have been a surprise to anyone with access to a daily newspaper.

Regardless, tech shares again brought up the rear. The Dow rose 81.78 points, or .8%, to close at 10,184.67; and the S&P 500 rose 6.21 points, or .6 %, to end the day at 1,110.7. Our information 100 rose .3%, or .93 of a point Tuesday, to close at 313.14. The Nasdaq also rose slightly--3.9 points, or .2%, to 1,943.1.

The Nasdaq-100 tracking stock ended higher, rising .3%, or 9 cents, to close at $34.98 on higher-than-normal volume of nearly 107 million shares.

See the full listing of all the companies in the information 100 and the top 5 percentage winners and losers for the last closing at information.com/stocks.

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About the Author

George V. Hulme

Contributor

An award winning writer and journalist, for more than 20 years George Hulme has written about business, technology, and IT security topics. He currently freelances for a wide range of publications, and is security blogger at information.com.

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