Big-Cap Internets Gain Amid Earnings Flood
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Investors were coming back to Internet stocks in midday trading Wednesday as earnings continue to pour in across the sector.
Just before noon, internet.com's Internet Stock Index was up 11.67, or 2.46 percent, to 485.32, the Nasdaq Composite had climbed 9.97 to 2,689.30 and the Dow Jones industrial average was up 8.23 to 10,987.22.
All of the sector's leaders were higher, including America Online Inc. (AOL) up 2-5/8 to 100-13/16, Yahoo! Inc. (YHOO) rising 6-13/16 to 138-1/8, CMGI Inc. (CMGI) up 5-11/16 to 95-15/16 and Amazon.com Corp. (ATHM) up 4-3/8 to 105-3/8.
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