It never stopped for a moment.
The selling in
Nasdaq Composite Index
the week of April 10 was unrelenting. Day after day, sector by sector, the Comp continued its retreat.
After widespread weakness
Wednesday's selloff began with bad news about personal computer
demand and its effect on
That, in turn, prompted big declines in
Dow Jones Industrial Average
, which, along with Microsoft, slammed the Dow down by 161.95 points -- despite a big run-up in financial stocks. And the Nasdaq plummeted 286.27, or 7.1%, to 3769.63, its first sub-4000 close since January and 25.3% down from its March 10 high.
After a rough
Thursday, Friday's hot
Consumer Price Index spurred even worse carnage. The Nasdaq collapsed 355.51, or 9.7%, to 3321.27, its lowest close since December. That left it down 25.3% in a single week and 34.2% below its high. The Dow plummeted 617.78, or 5.7%, to 10,305.77. Both indices suffered their worst one-day point declines ever, as did the
As the technology bear market rakes its claws across the whole market, what should you do with your investing dollars? What are the smart strategists, money managers and traders saying now?
The Coming Week: Intense Search for a Bottom Ahead
The market's bottom may be near at hand chronologically, but it's anyone's guess how many more lost points are to come.
Ruthless Selloff Hits All Sectors: This Was One for the Record Books
The stock market was hammered in one of history's worst sessions.
Quick Takes: Don't Look for a Fast Rebound
With shorts so far less than eager to cover and longs showing no conviction, Monday could be another painful session.
Nowhere to Run, Nowhere to Hide
Inflation sparked a massive selloff in the major stock indices.
Fear and Loathing Set In as Volatility Moves Sharply Higher
Put buying increases; also there's been brisk play in SBC options.
Stock Collapse Lifts Treasuries Out of CPI Hell
Some of the money leaving the stock market is finding its way into bonds.
Stock Market Blitzkrieg Continues; Dow, Nasdaq Near Day's Lows
The ugly midsession market picture.
Stocks' Late Flop Leaves Investors With a Queasy Feeling
Taking an in-depth look at Thursday's selloff.
Microsoft News Shakes the PC Sector as Pivotal Earnings Reports Loom
Still, many PC investors are saying they won't sell their core holdings.
Gigantic Tech Selloff Takes Nasdaq Deeper Into Bear Country
What's the real psychology driving trading these days? After today's gut-churning action, it looks like fear is seeping in.
Don't Be a Yahoo: It's Time to Preserve Capital
All but the wiliest short-term traders should tread with extraordinary caution in these treacherous market times, says
chief markets writer.
Net Sector's Carnage Brings a Real Reckoning
This isn't like last spring's dip. With the DOT down 35% from its highs, a lot of Net stocks aren't coming back.
In Brutal Day, Even Net Stocks With Solid Numbers Were Under Pressure
Strong quarterly numbers didn't help as bloodshed spread through the Net sector.
Earnings Reports Can't Propel Net Shares Out of Tech Sector's Lower Orbit
Internet companies that surged early on good earnings news are barely clinging to gains.
Market Rotates Hard Into Old Economy Faves as Techs Get Slapped
The Dow's midday gain is even more remarkable given the extreme weakness in its tech members, with the Nasdaq's correction deepening.