Hewlett-Packard's plans for its own version of Java pressured the tech sector and plunged Nasdaq down 10.82 points to 1789.16, a 0.60 percent loss. Hewlett-Packard, Java creator Sun Microsystems, and Microsoft, which has its own designs on the language, all took hits. On the Dow meanwhile, barrelling blue chips and "triple-witching" trading sent index to its fifth straight record close and above the 8900 mark for the first time. The 102.38-point gain pushed the Dow to 8905.43, a 1.16 percent increase.
Market Wrap
Hewlett-Packard's plans for its own version of Java pressured the tech sector and plunged Nasdaq down 10.82 points to 1789.16, a 0.60 percent loss. Hewlett-Packard, Java creator Sun Microsystems, and Microsoft, which has its own designs on the language, all took hits. On the Dow meanwhile, barrelling blue chips and "triple-witching" trading sent index to its fifth straight record close and above the 8900 mark for the first time. The 102.38-point gain pushed the Dow to 8905.43, a 1.16 percent increase.