Markets Stagger Through Day Two of Earnings Season

SAN FRANCISCO -- Like The Angels' boyfriend, the bonds were back and there was trouble for those long stocks today. (Hey nah, hey nah, the bonds are back.)

Major Indices INDEX CHANGE % VALUE YR TO DATE Dow 231.12 -2.2% 10,417.06 +13.5% S&P 500 22.17 -1.7% 1313.04 +6.8% Nasdaq 43.55 -1.5% 2872.40 +31% Russell 2000 5.51 -1.3% 424.68 +0.6% TSC Internet 21.23 -2.9% 724.18 +78.3% BOND CHANGE PRICE YIELD 30-Year Treasury 14/32 98 18/32 6.227%

Yesterday, the Nasdaq Composite Index set a record while blue-chip gauges dipped very modestly during the Columbus Day-absence of bond market trading. ...