Mild Markets

With talk of the Travelers-Salomon merger buzzing in the background, Wall Street flirted with the 8000 mark in early trading today, then fell back. The Dow was down 5, to 7965; the Nasdaq was up 1.5 points, to 1696. Among the most active issues was 3Com, up 38 cents to US$53.75 on Tuesday's after-close earnings report.

With talk of the Travelers-Salomon merger buzzing in the background, Wall Street flirted with the 8000 mark in early trading today, then fell back. The Dow was down 5, to 7965; the Nasdaq was up 1.5 points, to 1696. Among the most active issues was 3Com, up 38 cents to US$53.75 on Tuesday's after-close earnings report.