Tuesday, March 27, 2007

US tech stock edge up, but oil and housing hit Dow

(Reuters) - U.S. technology stocks rose on Monday, pulled higher by positive broker comments on companies such as Dell Inc., but renewed signs of weakness in the housing market halted a five-day winning streak for the Dow.

Following the start of trade, new-home sales data sent the market tumbling, with the Dow Jones industrial average down more than 100 points.


Read more at Reuters Africa

No comments: