Nasdaq set to snap losing streak

Jan. 8 - The Nasdaq stock index could finally end seven days of losses as a management shuffle lifted shares of Starbucks. The entire sector appeared to benefit from investors looking to by tech stocks on the cheap after the extended sell-off. Sentiment was also boosted by a housing report suggesting that market may be bouncing along the bottom. Bear Stearns traded higher on published reports its CEO will step down. Gold hit another lifetime high. Conway Gittens reports from New York.

Channel: News & Politics
Uploaded: November 30, 1999 at 12:00 am
Author: ReutersVideo

Length: 01:08
Rating: 3.00
Views: 2664

Tags: Bear  business_GF  index  Nasdaq  Starbucks  Stearns  stock  

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