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COPYRIGHT 2005 Investor's Business Daily, Inc.
Major Indexes End At Day's Highs
1 Despite an Internet sell-off, the Nasdaq shook off early losses to rally 1%, led by chips, shippers, biotechs and industrials. The S&P 500 rose 0.8%, lagging the small-cap S&P 600's 1.2%. Volume grew, signaling renewed demand. Builders, mining gear and machinery advanced. Dow transports jumped 1.9%. More on this page, B2
Google Off On Paid-Search Fears
2After falling over 6% early, Google settled down 3% and Yahoo 2%. RBC Capital Markets downgraded the search giants, citing weaker ad pricing in Q1. Competition picked up with America Online's new local search service. A Tues. report said online ads fell short in...
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