The Nasdaq is trying to fight off selling efforts that are threatening
to take it back into negative territory, where it would join the Dow
and the S&P 500.
Large-cap tech names like IBM (IBM 92.21, +0.69) and Google (GOOG
378.91, +25.89) are providing support to the Nasdaq. Their performance
is further reflected in the Nasdaq 100, which is up 0.3%. Both IBM and
GOOG are benefiting from buying interest after reporting
better-than-expected earnings per share results.