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Investor PM: Dow, Nasdaq perk up

Technology stocks fought back Tuesday as the Nasdaq composite shot up 172 points to 3,138.24.
Written by ZDNET Editors, Contributor

Technology stocks fought back Tuesday as the Nasdaq composite shot up 172 points to 3,138.24. The Dow Jones industrial average gained 164 points to 10,681.06.

Although the outcome of the presidential election is still unknown, investors simply couldn't resist some of the bargains in the tech sector.

"My feeling was the rally was overdue and that's what I told people in the morning meeting," said Ned Collins, vice president of U.S. stocks for Daiwa Securities America. Full story. -- Larry Barrett, ZDNet Inter@ctive Investor

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