Volatile Session in NASDAQ Stock Market

The NASDAQ stock market traded in a very volatile fashion on Tuesday, 23 September 2008. The NASDAQ closed on 2153.33 with total decrease of -1.18%. Eight of the ten economic sectors posted a considerable amount of gain on Tuesday. The crude oil prices also fell by 2%. The commodities sector could not hold up to its gains and was the NASDAQ loser with a decrease of -0.4%. The industrial sector (-0.5%) after a decrease in the General Electric (GE 25.41, -0.74). The large cap technology sector was the NASDAQ biggest gainer with Dell (DELL 17.26, +0.69) is up 4.2%, Oracle (ORCL 20.44, +0.69) is up 3.5% and Microsoft (MSFT 26.11, +0.71) is up 2.8%. The materials (-1.5%) and the energy (-1.2%) were the biggest NASDAQ losers. The financial sector also fell by 1.5%.