Wall Street felt the pinch of falling technology stocks and a drop in overseas markets this morning. After an initial recovery from last week's plunge, technology stocks fell as fickle investors question how the slowing economies of Southeast Asia - an important growth market for the technology sector - could impact future earnings. The Dow was off 40.28 to 7,652.29, the Nasdaq off 2.57 to 1,634.76. Intel, 3COM, and Cisco all fell in trading.
Indexes, Tech Stocks Down
Wall Street felt the pinch of falling technology stocks and a drop in overseas markets this morning. After an initial recovery from last week's plunge, technology stocks fell as fickle investors question how the slowing economies of Southeast Asia - an important growth market for the technology sector - could impact future earnings. The Dow was off 40.28 to 7,652.29, the Nasdaq off 2.57 to 1,634.76. Intel, 3COM, and Cisco all fell in trading.
