Pulse: Tech Sputters to Close as Any Strength Is Sold

It should have come as no surprise that the Nasdaq closed lower today after spending much of the day in positive territory. Or should it?

The Nasdaq ended the day down 27.06, or 0.7%, at 3658.46 after trading as high as 3753.95. TheStreet.com Internet Sector index finished up 2.30, or 0.3%, at 705.47, though it had traded as high as 724.34.

Net/Tech Indices INDEX CHANGE % VALUE TSC Internet 2.30 +0.3% 705.47 TSC E-Commerce 0.55 -1.4% 39.17 TSC E-Finance 9/16 -1.3% 44 7/16 Nasdaq 27.06 -0.7% 3658.46

...