View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
March 18, 1997updated 05 Sep 2016 1:02pm

TECHNOLOGY STOCKS SHAKY IN NERVOUS MARKET

By CBR Staff Writer

Fueled by fears that the Federal Reserve will raise interest rates and investment guru Warren Buffet’s statement that virtually all stocks are overvalued, shares in New York tumbled early Monday before making a late recovery, with technology stocks leading the way. At one point, Intel Corp was trading down more than $6 before closing down only $1.50, at $136.375. Meanwhile IBM on the NYSE closed down $4.125 at $139.50.

á

Websites in our network
NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
I consent to New Statesman Media Group collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED
THANK YOU