Techs Waver

Microsoft reported great earnings next week, but that didn't keep NASDAQ in the black today. The tech sector was looking a bit peaked, despite Microsoft's win in court today over AT&T. This index gave up about 1 1/2% today. The Dow and the S&P dropped about 1/2% in sympathy. Consumer spending rose a paltry 0.3%. Inflation reared its head slightly, so we'll have to wait to see what the Fed does. In the meantime... DJIA -58.03 NASDAQ -32.12 S&P 500 -11.70