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Tech Stocks Rule the Day Again but Raise Questions of Sustainability

 

Hog. That's exactly what the Nasdaq Composite Index was today: a hog for the spotlight, but mostly a hog for traders' and investors' money, the way it has been seemingly forever.

Major Indices
INDEX CHANGE % VALUE YR TO DATE
Dow -55.53 -0.52% 10,643.63 -7.4%
S&P 500 5.13 0.36% 1416.83 -3.6%
Nasdaq 122.39 2.81% 4485.63 +10.2%
Russell 2000 6.21 1.16% 542.21 +7.4%
TSC Internet 30.66 2.67% 1177.50 +2%
TSC New Tech 30
17.62		 2.68% 675.52 +9.3%
BOND CHANGE PRICE YIELD
30-Year Treasury -1 19/32 95 28/32 6.439%

While the Comp rallied, bringing the Russell 2000 and the S&P 500 with it, the blue-chip Dow Jones Industrial Average ended in the red. ...

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Dow Jones S&P 500 NASDAQ 10-Year Note
10,452.68 1,109.24 2,185.03 33.23
Oil *
77.73
DOWN
18.90
UP
0.38
UP
9.22
UP
0.48
10 Yr
3.32%
SPDR Gold
119.18
-0.18%
+0.03%
+0.42%
+1.47%
Data delayed 20 minutes

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