Culture

Market: Plunge, Soar

Continuing its cycle of plunge, soar, and plunge, sellers drove the Dow down 80 points before a late rally brought the index to a closing 7787.33, up 5.11. The Nasdaq was up 4.65 points 1595.95. Novell, a market darling Tuesday on reports of an acquisition by IBM, retreated 6 percent to US$9.38.

Continuing its cycle of plunge, soar, and plunge, sellers drove the Dow down 80 points before a late rally brought the index to a closing 7787.33, up 5.11. The Nasdaq was up 4.65 points 1595.95. Novell, a market darling Tuesday on reports of an acquisition by IBM, retreated 6 percent to US$9.38.