Gary Poster, with essential assists from Galyn Norwood, Phiroon Phihakendr, Jose Quijada, Pavandeep Kalra. Bulls win tech seesaw.
Oil prices continue to shadow economy.
The Dow even managed to pull the Nasdaq out of its early-morning doldrums, and into positive territory. After all the hugging an d kissing was done, the Dow closed up 499, to 10,630, while the Nasdaq, closed up 135, to 4,717. The same staples of American consumerism that were anathema to investors a week ago, suddenly became the biggest winners of the day. The bulls ultimately won a day-long battle for the soul of the tech sector. President Clinton says he's gonna do something about oil prices real soon, going so far as to promise that gas prices will begin to drop after OPEC's March 27 meeting.