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Market Update: Dow and Nasdaq Finish Near Session Lows

 

(Updated from 3:27 p.m. EST)

For the past two weeks or so, Wall Street has been caught up in a malaise, torn between the bleakly uncertain earnings outlook and the optimism of future Federal Reserve federalreserve cuts. Volume has been pretty moderate, a sign that traders continued their Sit-out strike, waiting for clear direction.

Today was no exception, as early morning spikes in both the Dow Jones Industrial Average djia and Nasdaq Composite Index nasdaq faded as the day wore on. The Dow ended off 66 to 10,881 while the Comp traded off 46 to 2562

Major Indices
INDEX CHANGE % VALUE
Dow 66.17 -0.60% 10,880.55
S&P 500 8.36 -0.62% 1332.53
Nasdaq 45.74 -1.75% 2562.08
Russell 2000 4.77 -0.94% 502.31
TSC Internet 4.72 -1.36% 342.29
NOTE CHANGE PRICE YIELD
10-Year Treasury 2/32 99 8/32 5.097%
Market data as of:4:12 p.m. EST, Feb. 8, 2001
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Dow Jones S&P 500 NASDAQ 10-Year Note
10,388.90 1,105.98 2,194.35 34.83
Oil *
77.74
UP
22.75
UP
6.06
UP
21.21
UP
1.03
10 Yr
3.48%
SPDR Gold
113.75
+0.22%
+0.55%
+0.98%
+3.05%
Data delayed 20 minutes

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