Blue chips rose on news that oil prices could fall. But tech stocks slipped ahead of Intel's quarterly forecast later this week.
Investors witnessed another turbulent day of trading Wednesday. Blue chips rose on news that OPEC would increase oil production to ease rising oil prices. Technology stocks slipped again as investors awaited Intel's quarterly forecast later this week.
Our InformationWeek 100 fell about half a point, or 0.2%, to close at 318.07. The Nasdaq Composite Index fell 1.79 points, or 1.1%, to 1,988.98. The Dow Jones industrial average rose 60.32 points, or 0.6%, to close at 10,262.97, and the S&P 500 rose 3.79 points, or 0.3%, to wind up at 1,124.99.
The Nasdaq-100 tracking stock fell 8 cents, or 0.2%, to $36.42 on average trading volume of 104 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.
The Business of Going DigitalDigital business isn't about changing code; it's about changing what legacy sales, distribution, customer service, and product groups do in the new digital age. It's about bringing big data analytics, mobile, social, marketing automation, cloud computing, and the app economy together to launch new products and services. We're seeing new titles in this digital revolution, new responsibilities, new business models, and major shifts in technology spending.