Bonds retreated after their big Monday, and stocks responded with a mixed effort. In mid-afternoon trading, the Dow was down 58 at 7939, but the Nasdaq was unchanged at 1690. Micron was taking a beating, down about 10 percent to $36.75. Its quarterly earnings nearly quadrupled, but analysts expected better results, and say a chip glut could cut further into growth.
Micron Tumbles
Bonds retreated after their big Monday, and stocks responded with a mixed effort. In mid-afternoon trading, the Dow was down 58 at 7939, but the Nasdaq was unchanged at 1690. Micron was taking a beating, down about 10 percent to $36.75. Its quarterly earnings nearly quadrupled, but analysts expected better results, and say a chip glut could cut further into growth.
