Nasdaq drops

MEDIOCRE economic data and surging oil prices, combined with continued investor unease about the profit outlooks for 2005, have overshadowed strong earnings reports this week from tech heavyweights Intel and Apple.

Nasdaq drops
Fri, 14 Jan, 2005 - 00:00

General Motors’ outlook sent stocks tumbling.

The Nasdaq composite index was down 21.97, or 1.05%, at 2,070.56.

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