Stocks Mixed in Early Trading

Tech shares are trending higher but blue-chips are modestly under break-even.
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Stocks were mixed in early trading, with tech shares trending higher and blue-chips modestly under break-even.

The tech-loaded

Nasdaq Composite Index

was the upside leader among top indices, lately up 12 to 2515.

Yahoo!

(YHOO)

and

Amazon.com

(AMZN) - Get Report

were helping the Comp amid a run-up in Internet stocks --

TheStreet.com Internet Sector

index was up 5 to 619.

The

Dow Jones Industrial Average

was down 30 to 11,002 and the

S&P 500

was down 5 to 1340. The small-cap

Russell 2000

was faring better, up 1 to 437.

The bellwether 30-year Treasury bond was off 1/32 to 92 1/32, its yield edging up to 5.82%.

Most Up at Open -- NYSE

America Online (AOL) , up 3 9/16 to 121 3/4

.

Most Up at Open -- Nasdaq

Lycos (LCOS) , up 10 1/8 to 99 5/8

: The stock was up on reports that

USA Networks

(USAI) - Get Report

plans to abandon its bid for Lycos, which had been unpopular with Lycos shareholders.

Most Down at Open -- NYSE

Honeywell (HON) - Get Report, down 3 7/16 to 100 9/16

.

Most Down at Open -- Nasdaq

Media Metrix (MMXI) , down 2 15/16 to 42 5/8

.