Want to Create a Down Market? Try Tossing Around a Few Earnings Warnings - TheStreet

RealMoney.com's MIDDAY UPDATE

June 29, 2000


Market Data as of 6/29/00, 1:16 PM ET:

o Dow Jones Industrial Average: 10,421.37 down 106.42, -1.01%

o Nasdaq Composite Index: 3,880.02 down 60.32, -1.53%

o S&P 500: 1,442.25 down 12.57, -0.86%

o TSC Internet: 834.56 down 8.56, -1.02%

o Russell 2000: 514.28 down 6.71, -1.29%

o 30-Year Treasury: 104 29/32 up 29/32, yield 5.885%

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Monday July 3: 8am-5pm

Tuesday July 4: Closed

The Market Story: Today's Market: Want to Create a Down Market? Try Tossing Around a Few Earnings Warnings

Investors worrying about second-quarter numbers.

Unisys, Goodyear expect to miss estimates.

Ericsson says growth could slow.


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The trader is anticipating weak numbers from this group and getting ready to buy.


Market Features: Freakout Friday: Broadcom's Jump Into S&P Likely to Roil Markets

As happened with Yahoo!'s entry last year, indexed managers sell other stocks to add Broadcom.


Dear Dagen: Aloha Suites and Toxic Waste: Wall Street Words and Phrases

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Analyst Actions: Analyst Actions: HCA-Healthcare, El Paso Energy, Bell Atlantic, Coca-Cola, VA Linux


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