Nasdaq Composite Index
surged early on, leading the major market gauges on the upside.
The Nasdaq Comp was up 38 to 2518. The
Dow Jones Industrial Average
was up 83 to 9996. The
was up 12 to 1313. The
was up 2 to 401.
TheStreet.com Internet Sector
index was up 16 to 660.
TheStreet.com E-Commerce Index
was up 3 to 113.
The 30-year Treasury bond was down 7/32 to 95 2/32, yielding 5.60%.
Most Up at Open -- NYSE
Nokia (NOKA) , up 5 1/8 to 161 1/2
Most Up at Open -- Nasdaq
: The company set a 2-for-1 stock split.
Most Down at Open -- NYSE
Most Down at Open -- Nasdaq
Etec Systems (ETEC) , down 15 3/4 to 27 3/8
: The company said it will post a third-quarter loss of 35 cents to 45 cents a share, including charges it will record after cutting 90 jobs, or 8% of its semiconductor products group workforce. Excluding the charges, Etec expects earnings of 10 cents. The 12-analyst view called for earnings of 26 cents vs. the year-ago profit of 47 cents.