WIRED Staff
Culture

Cooling Markets

The markets went cold after Fed chairman Allen Greenspan told a House committee that bad economic news inevitably lurks behind the current rosy glow and that a continuation of recent market gains is "clearly unrealistic." The Dow was down 83.00 to 8095.31; the Nasdaq was up 4.50 to 1741.77.

The markets went cold after Fed chairman Allen Greenspan told a House committee that bad economic news inevitably lurks behind the current rosy glow and that a continuation of recent market gains is "clearly unrealistic." The Dow was down 83.00 to 8095.31; the Nasdaq was up 4.50 to 1741.77.