New York markets paused after a big two-day rally and traded in a narrow range today. The Dow closed up 33 to 7859 in late-morning trading; the Nasdaq was down 1 to 1625. Globally: Hong Kong and Tokyo sizzled, with leading indexes up 5 percent and 2.5 percent, respectively. Exchanges in London, Paris, and Frankfurt borrowed momentum from those performances to post early 1 percent gains.
Markets: NY Mild, World Wild
New York markets paused after a big two-day rally and traded in a narrow range today. The Dow closed up 33 to 7859 in late-morning trading; the Nasdaq was down 1 to 1625. Globally: Hong Kong and Tokyo sizzled, with leading indexes up 5 percent and 2.5 percent, respectively. Exchanges in London, Paris, and Frankfurt borrowed momentum from those performances to post early 1 percent gains.
