There's always potential for the market to go nuts in a low-volume, preholiday-weekend day, but it appeared as though stocks would limp (but not stumble) into the weekend.
In recent trading, the
was down 28.88, or 0.9%, at 3176.47, and had traded in a range between 3150.78 and 3256.63.
TheStreet.com Internet Sector
index, or DOT, was down 3.76, or 0.5%, at 743.01 and had traded in a range between 738.13 and 762.36. The stalemate stems from traders nibbling on some stocks that have been hammered of late vs. traders who still see more losses to come and sell into any strength. Bears have had the upper hand of late, though shorts have had a propensity to cover at the first signs of a rebound, and while that generally takes place in the final hour of trading, traders may be looking to get out of town a little early today.
On to the numbers. Among traditional Net plays,
was down 3 7/8, or 8.5%, at 41 11/16.
was off 2, or 1.7%, at 113 and
was off 1 5/16, or 3.6%, at 34 15/16.
Among business-to-business and infrastructure plays,
was down 1 7/16, or 7%, at 19 1/16;
was up 1 3/8, or 3.6%, at 40 1/8;
was down 3 3/8, or 8%, at 38 3/16;
was up 1 5/16, or 5.2%, at 26 3/16;
was down 6 5/16, or 4%, at 149; and
Copper Mountain Networks
was down 5 13/16, or 7.4%, at 72 13/16.