Investor Midday: How low can you go?

Summary:Another batch of warnings continued to depress investors, who sent stocks plunging again Tuesday. The Nasdaq dropped 87.

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

Topics: Tech Industry

Kick off your day with ZDNet's daily email newsletter. It's the freshest tech news and opinion, served hot. Get it.

Related Stories

The best of ZDNet, delivered

You have been successfully signed up. To sign up for more newsletters or to manage your account, visit the Newsletter Subscription Center.
Subscription failed.