Tech Stocks: Small Drops Compared To Yesterday - InformationWeek

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05:14 PM

Tech Stocks: Small Drops Compared To Yesterday

The Nasdaq index drifted 0.3% lower, and our InformationWeek 100 fell 0.2%.

Our indexes closed relatively unchanged Wednesday after spending the day skittering into the red and back. Interest-rate worries and a handful of positive earnings are being blamed for the dithering.

Tech issues were mixed as well. IBM rose 0.7%, or 66 cents, to $93.70, and Oracle rose 0.5%, or 6 cents, to $12.37. The Nasdaq-100 tracking stock rose 0.5%, or 18 cents, to $36.81, on heavy volume of 111.8 million shares. But Intel fell 1.1%, or 30 cents, to $27.27; Hewlett-Packard fell 1.2%, or 26 cents, to $21.99; and Siebel Systems fell 2.2%, or 26 cents, to $11.85.

The Nasdaq index fell 0.3%, or 5.23 points, to 2,024.85, and our InformationWeek 100 fell 0.2%, or 0.6 of a point, to 335.82. The Dow fell 0.03%, or 3.33 points, to 10,377.95, and the S&P 500 fell 0.1%, or 1.27 points, to 1,128.17.

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

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