“Last week, beside a sell-off in the 30 shares being excluded, there was broad, index-based selling to make way for the more expensive shares coming in. Now the market figures it was overdone.”
“Investors initially guessed Japan's high-techs were quite independent of the U.S. market, but everyone's been quite worried since there have been so many profit warnings.”
“Gainers outnumber losers and sentiment is not bad. But investors are keeping away from large-cap technology stocks right now, as it's hard to see where the U.S. market is going.”