Around the World's Markets: New York
STOCKS TURNED higher in midday trading after drifting early in the session but investors were expected to remain cautious about the staying power of Wall Street's recent strength.
The Dow Jones Industrial Average was up 25 at 8,923 after shedding as much as 43 points earlier. The technology-heavy Nasdaq Composite Index was up by 7 points at 1,868, with shares in internet companies such as Yahoo! and Amazon.com leading the rebound.
Subscribe to Independent Premium to bookmark this article
Want to bookmark your favourite articles and stories to read or reference later? Start your Independent Premium subscription today.
Join our commenting forum
Join thought-provoking conversations, follow other Independent readers and see their replies