Investor PM: Dow, Nasdaq hammered

Summary:Blue-chip and technology stocks were pounded Monday as the Nasdaq composite plunged 129 points, or 6 percent, to 1,924.15, knocking the tech-laden index below 2,000 points for the first time since December 1998.

Blue-chip and technology stocks were pounded Monday as the Nasdaq composite plunged 129 points, or 6 percent, to 1,924.15, knocking the tech-laden index below 2,000 points for the first time since December 1998.

The Dow Jones industrial average tumbled 436 points, or 4 percent, to 10,208.25 as investors choose to take whatever profits they'd amassed in the blue chips and run. Full story. -- Larry Barrett, ZDNet Inter@ctive Investor

Topics: Hardware

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