Nasdaq Soars, Dow Stumbles

Technology stocks drove the Nasdaq composite index tantalizingly close to a new closing high Tuesday, while blue-chip shares tumbled as worries about rising interest rates distracted investors from strong fourth-quarter corporate earnings reports.

The Dow Jones industrial average fell 162.26. Profit-taking after a Dow rally last week also contributed to some selling.

The Nasdaq rose 66.54 to 4,130.81, just shy of its Jan. 3 closing record of 4,131.15.