Technology stocks were taking off again in the early going, with the
Nasdaq Composite Index
pacing the market's major averages on the upside.
The Nasdaq Comp, which closed at a record high yesterday, was up 24 to 2587. Meanwhile, the
Dow Jones Industrial Average
was up 47 to 10,011. The
was up 7 to 1325. The
was up 1 to 403.
TheStreet.com Internet Sector
index was up 13 to 733.
TheStreet.com E-Commerce Index
was up 2 to 126.
The 30-year bond was down 2/32 to 95 31/32, yielding 5.53%.
said it is considering the sale of one of more of its businesses. Revlon was up 3 1/4, or 16%, to 23 1/4.
Most Up at Open -- NYSE
Most Up at Open -- Nasdaq
: The company set a 2-for-1 stock split.
Most Down at Open -- NYSE
Glaxo Wellcome (GLX) , down 13/16 to 69 1/2
Food and Drug Administration
told Glaxo it plans to extend a review of the company's drug
beyond April 27, the drug titan said.
Most Down at Open -- Nasdaq
Engineering Animation (EAII) , down 17 11/16 to 22 1/4
: The company expects first-quarter revenues to fall 15% below analysts' expectations and first-quarter earnings to come in below Wall Street expectations. The six-analyst
consensus estimate calls for earnings of 26 cents a share.