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Investor Midday: Tech slide continues

The Nasdaq continued its journey south at midday Friday, discarding IPOs and disregarding positive earnings results. The Nasdaq sank 251.
Written by ZDNET Editors, Contributor

The Nasdaq continued its journey south at midday Friday, discarding IPOs and disregarding positive earnings results. The Nasdaq sank 251.31 to 3,425.47, or almost 7 percent, while the Dow Jones industrial average shed 299.47 to 10,624.08. The Inter@ctive Week @Net Index dropped 27 to 451.84. Story to follow. -- Tiffany Kary, ZDNet Inter@ctive Investor

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