Dow Gains 15; Nasdaq Rises 1
Dec. 08, 1999
NEW YORK (AP) _ The Dow Jones industrial average is up 14 points in today's early going. Losing issues on the New York Stock Exchange hold a 3-2 lead over gainers.
The Nasdaq Composite Index is ahead one point and the Standard & Poor's 500 Stock Index is up fractionally.
Much of the market has fallen prey to profit-taking this week, after a big rally last week.
But the high-flying high-technology shares have been masking the broader market declines.
The Nasdaq composite index yesterday closed at a record high for the fourth straight session.
Bond prices are slightly lower. Most overseas market averages are lower.