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Politics : Formerly About Applied Materials
AMAT 327.03+2.5%Jan 16 3:59 PM EST

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To: advocatedevil who wrote (55369)11/13/2001 1:13:34 AM
From: StanX Long  Read Replies (1) of 70976
 
Crash Rattles Wall Street
Dow Falls on Latest Air Tragedy

N E W Y O R K, Nov. 12 — Technology stocks rose today and the broad market held modest losses as investors shook off stunning news of a passenger-jet crash in New York to focus on Ciena's ray of hope in the depressed telecommunications sector.

abcnews.go.com

"The market does show remarkable resilience … it bounced back nicely indicating bargain-hunters are still ready to buy on unexpected opportunity caused by unexpected weakness," said Alan Ackerman, chief market strategist at Fahnestock & Co. "Nonetheless an event of this kind does raise anxiety levels which has put pressure on the market."
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