22 August 2001, 21:30 Dow industrials hold modest gains; Nasdaq unchanged
New York, Aug. 22 (BridgeNews) - The Dow industrials held on to modest
gains in afternoon trade as stocks rebounded from a sharp selloff Tuesday.
Still, gains in the market have been muted and traders question the
sustainability of the rally. Chip, oil and biotech continued to lead the
gainers while Internet, hardware and software stocks pulled back. The Dow
Jones industrial average was last up 51 at 10,225 while the Nasdaq
Composite Index was flat at 1831.
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