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3/16/2004
05:10 PM
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TECH STOCKS: A Rebound

Small gains were recorded in our InformationWeek 100 and the Nasdaq Composite.

Wall Street closed Tuesday in the black, not 24 hours after pundits said investors fear that more al-Qaida attacks are in the offing. The Federal Reserve decided to leave short-term interest rates at their 45-year low largely because of sluggish job growth. But that news couldn't have been a surprise to anyone with access to a daily newspaper.

Regardless, tech shares again brought up the rear. The Dow rose 81.78 points, or .8%, to close at 10,184.67; and the S&P 500 rose 6.21 points, or .6 %, to end the day at 1,110.7. Our InformationWeek 100 rose .3%, or .93 of a point Tuesday, to close at 313.14. The Nasdaq also rose slightly--3.9 points, or .2%, to 1,943.1.

The Nasdaq-100 tracking stock ended higher, rising .3%, or 9 cents, to close at $34.98 on higher-than-normal volume of nearly 107 million shares.

See the full listing of all the companies in the InformationWeek 100 and the top 5 percentage winners and losers for the last closing at informationweek.com/stocks.

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