Marginal Stock Advances After A Tricky Day

Tech stocks proved the day's overall losers. Our InformationWeek 100 fell half a point.

George V. Hulme, Contributor

June 1, 2004

1 Min Read
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News of terror attacks in Saudi Arabia contrasted with strong manufacturing growth and a rise in construction spending created a jittery, seesaw trading session Tuesday. The major indexes all finished slightly higher for the day.

An attack on foreign oil workers in Saudi Arabia, the only OPEC nation with excess production capacity, killed 22 people and caused crude-oil prices to spike again, up $1.87, to $41.75.

Tech stocks proved the day's overall losers. Our InformationWeek 100 fell half a point, or 0.2%, to close at 318.64. The Nasdaq Composite Index managed to end higher, however, rising 4.03 points, or 0.2%, to 1,990.77. The Dow Jones industrial average rose 0.1%, or 14.2 points, to close at 10,202.65, and the S&P 500 rose 0.56 of a point, or 0.05%, to wind up at 1,121.24

The Nasdaq-100 tracking stock fell 4 cents, or 0.1%, to $36.51 on lighter-than-average trading volume of nearly 90 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.

About the Author

George V. Hulme

Contributor

An award winning writer and journalist, for more than 20 years George Hulme has written about business, technology, and IT security topics. He currently freelances for a wide range of publications, and is security blogger at InformationWeek.com.

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