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Investor Midday: How low can you go?

Another batch of warnings continued to depress investors, who sent stocks plunging again Tuesday. The Nasdaq dropped 87.
Written by ZDNET Editors, Contributor
Another batch of warnings continued to depress investors, who sent stocks plunging again Tuesday. The Nasdaq dropped 87.77 to 1,695.20, while the Dow Jones industrial average fell 201.45 to 9,576.48.

The Inter@ctive Week @Net Index lost 17 to 140.69.

There was one positive note: Consumer-electronics chain Best Buy (bby) easily topped analysts estimates for the fourth quarter, in part due to booming digital technology sales. Shares rose $4.20 to $41 on the news. Full story. --Margaret Kane, ZDII

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