US investors buy techs and sell blue chips

US investors have regained confidence in hi-tech stocks while lessening their reliance on safer blue chips.

US investors buy techs and sell blue chips
Thu, 15 Feb, 2001 - 06:35

US investors have regained confidence in hi-tech stocks while lessening their reliance on safer blue chips.

The Dow Jones closed down 107.91 at 10,795.41, a drop of 1%, while the Nasdaq rose 63.69, or 2.6%, to 2,491.41.

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CourtsOrganisation: Dow JonesOrganisation: NasdaqOrganisation: DowOrganisation: IBMOrganisation: IntelOrganisation: Johnson & JohnsonOrganisation: Procter & GambleOrganisation: Home DepotOrganisation: Federated Department StoresOrganisation: New York Stock Exchange
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