Major market barometers were mostly softer in the wake of a Wall Street-beating earnings report from
after the close yesterday and in-line results from
before the open.
Yahoo! was down 7 3/8 to 199. Meanwhile, GE posted first-quarter earnings of 65 cents a share, in line with the
13-analyst estimate and up from the year-ago 57 cents. It was down 1 1/2 to 113.
Dow Jones Industrial Average
was down 21 to 10,064. The
was down 5 to 1322. The
Nasdaq Composite Index
was down 28 to 2516. The
was down fractionally at 397.
TheStreet.com Internet Sector
index was down 15 to 685.
TheStreet.com E-Commerce Index
was down 2 to 122.
The 30-year bond was down 8/32 to 96 3/32, yielding 5.52%.
Most Up at Open -- NYSE
Donaldson Lufkin & Jenrette (DLJ) , up 3 to 81
Most Up at Open -- Nasdaq
Yahoo! (YHOO) , up 8 9/16 to 217
: The Internet portal company posted first-quarter operating earnings of 11 cents a share, topping the 25-analyst First Call estimate by 3 cents and the year-ago 2 cents.
Most Down at Open -- NYSE
Royal Dutch (RD) , down 1 5/8 to 51 3/4
Most Down at Open -- Nasdaq
HNC Software (HNCS) , down 12 1/32 to 14 3/4
: The company said it expects first-quarter earnings to fall short of Wall Street expectations. HNC said it expects to post earnings of between 15 and 17 cents a share, below the current First Call eight-analyst consensus estimate of 22 cents.
Credit Suisse First Boston
downgraded HNC to buy from strong buy.