Word: nasdaq
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Dates: during 2000-2009
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...NASDAQ has been in a serious funk, shedding nearly 400 points, more than 10 percent of its value, until suddenly a sliver of sun peeked out on Wednesday. Some credited Oracle, which lifted the index after some good news for the software maker. Others pointed to the day, the third day of the quarter, in which portfolio managers supposedly come out of their meetings and dump some investment money on the table. But for most, it seemed this cute little rally was like a flower pushing up through the tundra - not a full-blown spring yet, but hopefully a sign...
...behavior, and the sunniest outlook emerging from Wednesday's mini-bounce was the idea that the trading herd won't take the index any lower than that "floor" of 3400. (Of course, some were claiming today that a further shakeout has to hit - 3200, 3000 - before the NASDAQ can rally back for real...
...reverberating westward across the globe since Thursday night and giving investors headaches all the way. Tokyo, Hong Kong, Frankfurt, London... and now back to Wall Street, where losses that had been piling up all night - to record volume for electronic-trading networks - came gushing out with the morning bell (NASDAQ falling 194 points in 13 minutes dramatic enough for you?). A very bad end to a lousy week...
...Intel, see, is the bluest of the blue-chip tech stocks, considered the sector's best indicator of where the overall high-tech winds are blowing. It's a member of the Dow, NASDAQ and the S&P, which is the practical reason why Wall Street's trio of indexes all tanked on the news. But the spiritual malaise is just as contagious; Microsoft, Dell and Cisco all took overnight hits as well. Intel's announcement also comes early in a third-quarter earnings season that investors are nervous enough about already. Bad earnings news revives fears that Greenspan...
...accent. His father speaks little English, his mother a bit more. Cutting across the campus at USC, where he still trains, the child of the Soviet Union stops often to talk with friends, students and teammates. He talks about the Lakers, the Dodgers, whatever. He talks about the NASDAQ. His degree is in finance. "So, do you think I look Russian?" he suddenly asks. His hair is blond. His eyes are blue. He could be featured on one of those Soviet posters of the Cold War, staring ahead toward the end of the latest five-year plan. Yes, he looks...