UPDATE: World markets continue to slide, fuelling a re-evaluation of the high-tech sector
Last updated: Thu, 20th Apr 2000
It's been a hair-raising ride over the last few days for investors on both sides of the Atlantic, with tech shares on Nasdaq and techMARK indices unable to regain stability.
The slide began with the US Department of Justice's decision against Microsoft 4 April, triggering the tech-heavy Nasdaq's biggest ever one-day decline. Conditions have been exacerbated by fears that the Internet bubble has finally burst, but industry analysts still say the setbacks are temporary.
LATEST NEWS
London markets rise -- Tech stocks continue to stage fragile recovery. Wed, 19th Apr 2000
UK markets: Another grey day -- Tech shares halt their decline for the day, helped by US markets in a buoyant mood - but investors don't show much enthusiasm. Tue, 18th Apr 2000
UK markets hold steady -- T-Online flotation, hopes of gains in US markets hold UK stocks back from the brink - for now. Mon, 17th Apr 2000
Cisco leads tech revival -- A flight to quality sparked the Nasdaq's recovery at midday Monday. Cisco, other tech bellwethers and B2B stocks all made strong gains Mon, 17th Apr 2000
T-Online rises on debut - a little -- Europe's largest ISP rises above its list price - but only because that price was near the bottom of the range. Mon, 17th Apr 2000
Analysts: Europe tech stocks could fall more -- Euro tech stocks will probably fall another 20 to 30 percent this week before markets settle down, London Internet analysts said Monday. Mon, 17th Apr 2000
FTSE still blue after Wall Street woes -- A lethargic FTSE 100 remained mired one percent lower on Friday, depressed from the outset by another day of volatile trading on Wall Street. Fri, 14th Apr 2000
Nasdaq reverses course, slides into the red -- The Nasdaq thrashed about until it gave up in the last hour of trading Thursday, falling with a thud to a level unseen since mid-December. Fri, 14th Apr 2000
Nasdaq drop slams UK markets - again -- The wild ride isn't over for tech shares, which have plummeted following Nasdaq's big drop Monday. Tue, 11th Apr 2000
Nasdaq index suffers 2nd worst point loss -- Technology-heavy index closes down 258.28 points, with most of loss coming in late afternoon on unusually light trading. Tue, 11th Apr 2000
High-tech stocks not out of the woods -- Tech stocks in UK and the rest of Europe are recovering, but don't breathe easy yet, say analysts. Fri, 07th Apr 2000
Computer glitch locks up stock exchange -- The technical glitch that brought down the stock exchange Wednesday has been fixed, after hours of suspended trading. Wed, 05th Apr 2000
FTSE falls to four week low as techs tumble-- FTSE 100 suffered a dramatic two-way pull on Tuesday, with strength in leading bank and drug stocks eventually overwhelmed by sharp falls in unwanted telecom, media and technology (TMT) sectors. Wed, 05th Apr 2000
UK tech stocks take a hammering -- Microsoft ruling hits key high-tech shares in UK following biggest-ever one-day Nasdaq decline. Tue, 04th Apr 2000
Microsoft broke the law -- Jackson rules Microsoft acted anti-competitively and illegally tied its browser to Windows, says Judge Jackson. Tue, 04 Apr 2000
ANALYSIS
The baby and the bathwater -- Tony Westbrook has been watching technology company stock prices as they race to the floor over the last few days. But he's spotted the reason why they will have to bounce back. One day...
Is QXL.com really the next eBay?-- Shares of QXL.com went bonkers because an analyst compared the UK-based online auctioneer to a young eBay. But QXL.com is a long shot to become the next eBay.
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