SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Compaq
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Elwood P. Dowd who wrote (75109)1/5/2000 1:39:00 AM
From: Night Writer  Read Replies (1) of 97611
 
MARKET NEWS: Stocks were battered on Tuesday with the Nasdaq
market suffering its biggest point drop ever on fears the U.S.
central bank will get tough on inflation in 2000 with a series of
interest-rate hikes. The Dow Jones industrial average slid 359.58
points to 10,997.93. The Nasdaq composite index slid 229.41 points
to 3,901.74, marking its biggest daily point drop ever. The
Standard & Poor's 500 index lost 55.80 points to 1,399.42. The
downdraft came after Warburg Dillon Read said in a research report
the U.S. Federal Reserve will likely raise short-term interest
rates by one full percentage point in 2000. The forecast came a
day after Morgan Stanley Dean Witter's U.S. investment strategist
predicted the same strong action from the Fed. (Reuters 05:02 PM
ET 01/04/2000) See
infobeat.com
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News