Nasdaq Adds to Tuesday's Record Close

The technology sector is powering the gains.
Publish date:

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

S&P 500

was up 7 to 1325. The

Russell 2000

was up 1 to 403. Internet Sector

index was up 13 to 733. E-Commerce Index

was up 2 to 126.

The 30-year bond was down 2/32 to 95 31/32, yielding 5.53%.


(REV) - Get Report

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

Sony (SNE) - Get Report, up 3 5/16 to 99 1/2


Most Up at Open -- Nasdaq

InfoSpace (INSP) - Get Report, up 19 1/2 to 109 1/8

: The company set a 2-for-1 stock split.

Most Down at Open -- NYSE

Glaxo Wellcome (GLX) , down 13/16 to 69 1/2

: The

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

First Call

consensus estimate calls for earnings of 26 cents a share.