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Investor Midday: Earnings hoist rally

Strong gains from Siebel Systems, IBM and Oracle helped keep Wednesday's interest-rate cut euphoria alive at midday Thursday, as the Nasdaq tacked on another 2 percent to Wednesday's 8 percent leap. The tech-heavy index rose 40.
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Written by ZDNet Editors on
Strong gains from Siebel Systems, IBM and Oracle helped keep Wednesday's interest-rate cut euphoria alive at midday Thursday, as the Nasdaq tacked on another 2 percent to Wednesday's 8 percent leap.

The tech-heavy index rose 40.24 to 2,119.68, and the Dow Jones industrial average slipped 9.17 to 10,606.66. Full story. -- Tiffany Kary, ZD Inter@ctive Investor

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