Stay up to date with notifications from The Independent

Notifications can be managed in browser preferences.

Around the World's Markets: New York

Wednesday 20 January 1999 00:02 GMT
Comments

Your support helps us to tell the story

From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.

At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.

The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.

Your support makes all the difference.

SHARES FELL in morning trading in a volatile market characterised by big price swings. Traders were concerned by nervousness about the durability of the boom in Internet-related stocks.

The Dow Jones index initially rose on positive earnings reports from the banking sector and news of a multi-billion dollar merger between AtHome and Excite, two Internet stocks. But the shares were quickly sold in a bout of profit taking. At mid-day the Dow was down 88 points, or 0.94 per cent, at 9,252.53.

Join our commenting forum

Join thought-provoking conversations, follow other Independent readers and see their replies

Comments

Thank you for registering

Please refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in