Wall Street tiptoed past the 8000 mark in early trading today, didn't like the feeling it was getting about next month's third-quarter profit reports, and sprinted in reverse. The Dow was down 63.35, to 7906.71; the Nasdaq was up 9.95 points, to 1687.41. 3Com was the most active issue and climbed 56 cents to US$52.56 on Tuesday's after-close earnings report.
Market Reversal
Wall Street tiptoed past the 8000 mark in early trading today, didn't like the feeling it was getting about next month's third-quarter profit reports, and sprinted in reverse. The Dow was down 63.35, to 7906.71; the Nasdaq was up 9.95 points, to 1687.41. 3Com was the most active issue and climbed 56 cents to US$52.56 on Tuesday's after-close earnings report.