Monday, October 16, 2006

Stocks open lower; Yahoo struggle on 3Q concerns

Date: Mon, 16 Oct 2006 14:36:03 (GMT)
Quotes & News:
10:16 am ET Oct 16, 2006

DJIA

11,967

+7.20

S&P

1,366

+1.31
______
NASDAQ

2,366

+9.68
______
10Yr

4.79%

-0.014
_______

Stocks lower; Yahoo struggles on 3Q concern

SAN FRANCISCO -- Shares of major Internet companies traded mostly lower
on Monday, with Yahoo Inc. sliding in the face of its approaching
third-quarter earnings report and Google Inc. losing ground due to
mounting legal threats from entertainment firms.

The major indices reflected the blue Monday as both the Dow Jones
Internet Index (DJI_DJINET) and the technology-heavy Nasdaq Composite
Index ($COMPQ) opening the day on the downside.

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