Market close: Techs move higher ahead of earnings

Technology stocks moved higher again Monday as the Nasdaq composite rose 29 points to close at 4,274.74. The Dow Jones industrial average fell 8 points to end at 10,804.27.

"The money still wants the Nasdaq and technology," said Barry Hyman, market strategist for Ehrenkrantz, King Nussbaum Inc. "Growth stocks are the play."

Internet stocks were mixed Monday as Yahoo! Inc. (yhoo) closed up 3 5/8 to 131 5/8 while Amazon.com Inc. (amzn) and eBay eBay Inc. (ebay) shed 1 3/8 and 1 a share, respectively. Lycos Inc. (lcos) surged up 8 3/16 to 57 3/8 and America Online Inc. (aol) closed up 3/16 to 62 1/4. Full story. -- Larry Barrett, ZDNet Inter@ctive Investor