The Nikkei surged again today, the 225-stock index gaining nearly 3 percent, but that bonanza held little of the catalytic effect it did Monday. Frankfurt's DAX rose 1 percent and London's FTSE 100 fell 0.4. In New York, profit taking after three big days of gains pushed theDow down 47.65 to 7650.57. The Nasdaq was off 13.67 to 1600.44. The most-active list was cluttered with tech and telecom issues, with AT&T gaining 8 percent.
Mild Street
The Nikkei surged again today, the 225-stock index gaining nearly 3 percent, but that bonanza held little of the catalytic effect it did Monday. Frankfurt's DAX rose 1 percent and London's FTSE 100 fell 0.4. In New York, profit taking after three big days of gains pushed theDow down 47.65 to 7650.57. The Nasdaq was off 13.67 to 1600.44. The most-active list was cluttered with tech and telecom issues, with AT&T gaining 8 percent.