Traders Chip Away At Latest Dow Gain
Stocks were mixed in volatile trading Wednesday as blue-chip issues, falling victim once again to investor worries about interest rates, ended a two-day rally.
Technology stocks managed a slim advance.
The Dow Jones industrial average fell 156.68, wiping out more than half of a 292-point gain in the past two sessions.
Federal Reserve Board Chairman Alan Greenspan will address the House Banking Committee today. Analysts said investors hope to get clues to the Fed’s interest-rate sentiment.