Stocks Fall After Thursday's Rally

Stocks were down early on after

yesterday's widespread rally led by the tech sector.

The

Dow Jones Industrial Average

was down 69 to 9768. The

S&P 500

was down 10 to 1280. The

Nasdaq Composite Index

was down 21 to 2414. The

Russell 2000

was down 2 to 391.

Internet stocks were giving up some of the ground they gained in yesterday's rally.

TheStreet.com Internet Sector

index was down 9 to 619.

TheStreet.com E-Commerce Index

was down 1 to 111.

The 30-year Treasury bond was up 25/32 to 95 29/32, yielding 5.53%.

Most Up at Open -- NYSE

Telebras (TBH) , up 3 1/16 to 82 5/8

.

Most Up at Open -- Nasdaq

Sepracor (SEPR) , up 6 3/4 to 125

.

Most Down at Open -- NYSE

Sony (SNE) - Get Report, down 3 11/16 to 95

: Sony said it is buying a 50% stake in a new firm intended for setting up an Internet brokerage.

Most Down at Open -- Nasdaq

CMGI (CMGI) , down 5 15/16 to 180 1/2

.