WIRED Staff
Culture

Downer Dow

The Dow had another down day after July consumer confidence was stronger than expected, adding to inflation concerns. Tech stocks defied the broader decline as mainstays like Oracle, Ascend, Compaq, and 3Com showed strength on optimism about their earnings.

The Dow had another down day after July consumer confidence was stronger than expected, adding to inflation concerns. Tech stocks defied the broader decline as mainstays like Oracle, Ascend, Compaq, and 3Com showed strength on optimism about their earnings.