With technology issues such as Microsoft in headlong retreat, the Dow Jones and Nasdaq indexes both declined sharply. The Dow was down 130.31 to close at 7,890.46, a fall of 1.62 percent; the Nasdaq, recently pushed skyward by two straight weeks of gains, fell 20.86 to 1,547.99, a fall of 1.33 percent.
Markets Sag
With technology issues such as Microsoft in headlong retreat, the Dow Jones and Nasdaq indexes both declined sharply. The Dow was down 130.31 to close at 7,890.46, a fall of 1.62 percent; the Nasdaq, recently pushed skyward by two straight weeks of gains, fell 20.86 to 1,547.99, a fall of 1.33 percent.
