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Markets Swooning as of 1 p.m.
Posted By: hobie
Date: Monday, 2-Apr-2001 13:36:46
www.rumormill.news/8101
At about 1:30 p.m., the Dow is down about 127 points, at 9571; NASDAQ is down about 46 points, at 1795.
This is the Market Update from Yahoo! and Breifing.com:
-----
Market Update from Briefing.com
1:30PM: Each of the major indices now trades at session lows with the Nasdaq testing support at the 1794 level. This level represents a two and a half year low for the index and has held as intraday support on two prior occassions.
Current market internals don't look encouraging, and a break below 1794 looks likely at this point in trading. Subseqent support for the Nasdaq can be found in the 1760 area.
Both semiconductors and biotechs are leading technology lower as the SOX is off a massive 6.0% while the BTK trades lower by 5.1%. XOI -1.9%, S&P Midcap 400 -1.1%, DJTA -0.3%, DJUA -0.6%, Nasdaq 100 -2.5%, Russell 2000 -1.5%, NYSE Adv/Dec 1310/1576, Nasdaq Adv/Dec 1101/2346
-----
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RMN is an RA production.
Articles In This Thread
- Markets Swooning as of 1 p.m.
hobie -- Monday, 2-Apr-2001 13:36:46
- Gold, Silver down, Yen weaker, Euro stronger
hobie -- Monday, 2-Apr-2001 13:44:33
- REMEMBER THAT GOLD TRANSFER I WAS INVOLVED IN?
Rayelan -- Monday, 2-Apr-2001 18:55:38
- Germany - Allianz-Dresdner Deal Spurs Hope
hobie -- Monday, 2-Apr-2001 14:48:53
- GERMANY: Dresdner Bank Subsidiary to Cut 1000 Jobs
hobie -- Friday, 27-Jul-2001 11:16:22
- Update at Market Close
hobie -- Monday, 2-Apr-2001 16:38:34
- DRESDNER: Tuesday US Data Could Spark Selloff
hobie -- Friday, 3-Aug-2001 10:47:13
- FINANCIAL COLLAPSE MEANS WAR!
RMNEWS -- Friday, 3-Aug-2001 11:45:53
- PREDICTS 20% LOSS NEXT WEEK
Meroveus -- Friday, 3-Aug-2001 14:25:11
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