It's Gotta Make Compaq Feel Small: Market Rallies Despite Warning

Monday, Monday ... and a triple.

Major Indices INDEX CHANGE % VALUE YR TO DATE Dow 165.67 +1.6% 10,339.51 +12.6% S&P 500 10.29 +0.8% 1358.64 +10.5% Nasdaq 5.76 +0.2% 2598.81 +18.5% Russell 2000 6.46 +1.6% 412.32 -2.3% TSC Internet 58.51 +8% 790.44 +87.3% TSC E-Commerce 3.77 +2.9% 135.59 +59.3% TREASURY BOND CHANGE VALUE YIELD 30-Year 8/32 97 3/32 5.449%

For the third consecutive week, stocks emerged from the weekend in furious fashion, sending major market proxies to record highs. Today's ascent was the most impressive, however, as it not only overcame but overwhelmed a profit warning from Compaq (CPQ Quote), which fell 22.2%. ...