1. At the opening bell, technology issues slumped in reaction to a report, issued late Thursday, that showed weakness in semiconductor orders for June. 2. Drug issues slumped, as portfolio managers rotated their funds into cyclical sectors. 3. Economically sensitive issues slumped, overshadowing gains in steady-earning food and household product companies. 4. Financial and computer-related issues slumped, while oil, beverage and household product companies climbed. 5. High-technology issues slumped, as investors expressed concern for weak consumer demand during the Christmas season. 6. However, tobacco issues slumped for a second day amid new legal pressures on cigarette manufacturers. 7. Technology issues slumped on concern that earnings have peaked. 8. Texas stocks fell as high technology issues slumped amid concern about slowing computer sales in the U.S. and Europe. 9. Technology issues slumped, though Internet stocks were an exception. 10. U.S. stocks were mixed as financial shares were helped by bond yields near six-month lows, while retail issues slumped. |