Conflicting World Events Give No Single Direction For Indexes - InformationWeek

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5/5/2004
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Conflicting World Events Give No Single Direction For Indexes

At the closing bell, the Nasdaq index had risen 0.4%, or 6.78 points, to 1,957.26.

The major indexes closed mixed Wednesday, as news of strong activity during April in the service sector competed with worries that the Federal Reserve might hike short-term interest rates.

Tech issues were generally positive. PalmOne rose 12%, or $1.94, to $18.12; Sprint rose 3%, or 56 cents, to $17.95; Motorola rose 2.7%, or 50 cents, to $19.15; Apple Computer rose 2%, or 51 cents, to $26.65; Dell rose 1%, or 40 cents, to $35.71; and Hewlett-Packard rose 0.6%, or 12 cents, to $20. The Nasdaq-100 tracking stock was up 0.8%, or 28 cents, to $35.53.

At the closing bell, the Nasdaq index had risen 0.4%, or 6.78 points, to 1,957.26, and the InformationWeek 100 had risen 0.5%, or 1.62 points, to 313.84. The Dow fell 0.06%, or 6.25 points, to 10,310.95, and the S&P 500 rose 0.18%, or 1.98 points, to 1,121.53.

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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