High-tech stampede batters markets

Article Abstract:

The Toronto Stock Exchange 300 is worth less on Dec 21, 2000, than it was on Sep 1, 2000 by $248 billion Canadian. A major rush to sell technology stocks has caused major decreases on this exchange and other major exchanges in North America.

North America, Securities prices, Statistical Data Included, Beliefs, opinions and attitudes, Investors

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Nasdaq racks up best session

Article Abstract:

On December 5th 2000, Nasdaq had its best session to date when it soared to 10.5%. Heavy investment in the technology sector followed central banker Alan Greenspan's speech where he signaled future interest rate cuts.

Asset sales & divestitures, Acquisitions & mergers, Receipt of funds, Investment Offices, Investment Companies, Open-End Investment Funds, Investments, Greenspan, Alan, Speeches, lectures and essays

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HP earnings shock markets

Article Abstract:

On November 13 2000, lackluster earnings from technology giant Hewlett-Packard Co. sent Canadian and US markets into a downward spiral, pushing the TSE Stock Market below the 9,000 level and Nasdaq below 3,000.

Electronic computers, Electronic Computer Manufacturing, Sales, profits & dividends, Computers & Auxiliary Equip, Computer industry, Finance, Hewlett-Packard Co., HWP

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