Paul Shread

Internet and technology stocks fell sharply for the second straight day, as investors continued to take profits in companies posting better-than-expected numbers. The ISDEX fell 22 to 788, and the Nasdaq dropped 121 to 4055. The S&P 500 declined 11 to 1482 and the Dow lost 43 to 10,696. Volume declined slightly to 906 million […]

Traders continued to sell stocks reporting better-than-expected earnings, and are already looking ahead to third-quarter earnings. Microsoft was one company guiding third-quarter numbers lower, and its stock was hit as a result. The ISDEX fell 15 to 795, and the Nasdaq dropped 82 to 4094. The S&P 500 declined 11 to 1482 and the Dow […]

Commerce One fell in after-hours trading on Tuesday despite a stronger-than-expected earnings report. Microsoft, Intel and DoubleClick rose slightly after beating estimates. Stocks sold off during the day after a stronger than expected increase in the Consumer Price Index for June. The ISDEX fell 26 to 810, and the Nasdaq dropped 97 to 4177. The […]

Traders were in a profit-taking mood after a stronger than expected increase in the Consumer Price Index for June. Even stocks that beat earnings estimates sold off. The ISDEX fell 24 to 813, and the Nasdaq dropped 93 to 4181. The S&P 500 fell 15 to 1495 and the Dow lost 78 to 10,725. Volume […]

Go2Net posted blow-out earnings after the bell on Monday, continuing a string of stellar earnings reports from Internet bellwethers. Blue chip stocks lagged Internet and technology shares in Monday’s trading session, as traders awaited the Consumer Price Index and earnings reports from Microsoft and Intel on Tuesday. The ISDEX rose 11 to 837, and the […]

Stocks traded mixed Monday morning, ahead of Tuesday’s Consumer Price Index and earnings reports from Microsoft and Intel. The ISDEX rose 9 to 835, and the Nasdaq gained 30 to 4276. The S&P 500 added 1 to 1511, but the Dow declined 35 to 10,777. Volume declined to 415 million shares on the NYSE and […]

Two familiar names led Internet stocks higher on Friday: Amazon.com and eBay. The ISDEX rose 27 to 826, powering above 800. The Nasdaq added 71 to 4246. The S&P 500 rose 14 to 1510, and the Dow climbed 24 to 10,813. Volume declined to 951 million shares on the NYSE and 1.66 billion on the […]

Internet and technology shares continued to rally on earnings news Friday morning. But blue chips continued to tread water, held back by weakness in drug stocks. The ISDEX rose 22 to 821, powering above 800. The Nasdaq added 40 to 4215. The S&P 500 added 5 to 1500, but the Dow fell 15 to 10,773. […]

Business-to-business Internet stocks posted strong gains Thursday morning, a day after Ariba blew away earnings and revenue estimates. The ISDEX rose 36 to 789, a key resistance level, for a two-day gain of 14%. The Nasdaq gained 67 to 4167. The S&P 500 added 2 to 1495, and the Dow climbed 9 to 10,792. Volume […]

Ariba soared in after-hours trading Wednesday after beating earnings estimates, capping a day in which Internet stocks gained more than 8%. The ISDEX soared 57 to 753, a day after closing just below the important 700 level. The Nasdaq bolted 143 to 4099, taking out key resistance. The S&P 500 added 12 to 1493, above […]

Internet stocks soared Wednesday morning on better-than-expected earnings from Yahoo. The ISDEX bolted 44 to 740, a day after closing just below the important 700 level. The Nasdaq rose 97 to 4054, just below key resistance. The S&P 500 gained 6 to 1487, flirting with the important 1488 level. The Dow added 41 to 10,768. […]

After leading Internet and technology issues lower during the day on Tuesday, Yahoo announced earnings after the bell that beat analysts estimates. The broader market rose on the belief that a speech by Fed Chairman Alan Greenspan signaled no imminent interest rate increases. The ISDEX fell 23 to 696 to close below the important 700 […]