Tech, Internet Issues Lead on the Upside
The tech-heavy Nasdaq is up over 1% in early trading.
Technology and Internet stocks were leading the market higher early on, as the
Nasdaq Composite Index
has jumped 1%.
The Nasdaq Comp was up 29 to 2620.
TheStreet.com Internet Sector
index was up 18 to 698.
The
Dow Jones Industrial Average
, meanwhile, was up fractionally at 10,690.
The
S&P 500
was up 1 to 1358. The
Russell 2000
was up 2 to 434.
The 30-year Treasury bond was down 21/32 to 94 11/32, yielding 5.65%.
Most Up at Open -- NYSE
IBM (IBM) - Get Report, up 5 to 204 3/4
.
Most Up at Open -- Nasdaq
priceline.com (PCLN) , up 16 7/16 to 104 7/16
:
Morgan Stanley Dean Witter
initiated coverage of the company with an outperform rating.
Most Down at Open -- NYSE
Campbell Soup (CPB) - Get Report, down 1 3/4 to 41
.
Most Down at Open -- Nasdaq
Exodus Communications (EXDS) , down 3 5/8 to 96 3/4
.
