Nasdaq Continues to Fall Yesterday, the Dow Jones industrial average rose 121.53 points, or
1.2 percent, to 10,629.11, but the Nasdaq composite index fell 28.05
points, or 1 percent, to 2,706.93. The Nasdaq's decline gave it yet
another new low for this year.

The broader Standard & Poor's 500-stock index advanced 5.82 points, or 0.4 percent, to 1,341.91.

Despite the decline in technology stocks, investors traded with cautious optimism on new evidence that the
nation's economic growth was slowing, analysts said. The Commerce Department said yesterday that the
gross domestic product grew at an annual rate of 2.4 percent last summer, the slowest rate in four years and a
steep decline from the 5.6 percent rate in the second quarter.