Yahoo under pressure after report; investors look next to eBay
Market Overview
10:11 am ET Oct 18, 2006
DJIA
12,010
+60.43
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S&P
1,369
+5.44
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NASDAQ
2,349
+4.40
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10Yr
4.76%
-0.014
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Yahoo off after revenue forecast; eBay comes next
SAN FRANCISCO -- Shares of leading Internet companies began Wednesday's
trading in a mixed fashion, as investors dumped Yahoo Inc. following a
disappointing quarterly report.
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Meanwhile, shares of eBay Inc. (EBAY) gained ground as investors
anticipated an upbeat third-quarter report, due out after the market
closes.
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