Tech stocks closed lower Friday on fresh evidence of weakness in the chip sector.
Warnings from Cirrus Logic, Philips Electronics and Applied Micro sent chip stocks to a 3% loss on the day. WCFcourier.com - Waterloo and Cedar Falls Iowa News Homepage | Ap ::
Stocks/Financial. Technology. PULSE. Calendar of Events. Cedar Valley Sounds. Courier Game Room 2Q profit soars on services strength. SAG stakes fight on
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Forbes.com Company News::
Home Business Tech Markets Entrepreneurs Leadership Personal Finance ForbesLife RPT-GLOBAL MARKETS-Asia stocks sag as credit fears hurt banks Reuters
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Disappointing results from PalmSource and Manugistics also weighed on tech stocks, ending a volatile week on a down note. WebProWire | the internet professionals newswire::
Tech Stocks Open Slightly Higher; Chips Receive Upgrade - CBS News Stocks Sag On Housing Outlook - LA Times. Toll Bros. Warns Of Decline In Revenue - LA Times
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The broader market managed a slight gain despite rising oil prices and falling durable orders and home sales. Stocks rise, led by strong tech sector - Boston.com::
U.S. stocks advanced on Monday, led by tech shares, as brokerage upgrades on UBS also lifted its rating on tech sector stocks and the semiconductor sector.
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Hollywood producers say SAG rejects contract offer. Wisconsin Works Choosing investment adviser can be as tricky as picking stocks
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The Nasdaq lost 7 to 1879, the S&P 500 rose 2 to 1110, and the Dow climbed 8 to 10,047. Volume declined to 1.26 billion shares on the NYSE, and 1.36 billion on the Nasdaq. Advancers led 18-14 on the NYSE, but decliners led 15-14 on the Nasdaq. Upside volume was 54% on the NYSE, and 30% on the Nasdaq. New highs-new lows were 143-31 on the NYSE, and 64-44 on the Nasdaq.
PeopleSoft rose 3% after Oracle renewed its offer to acquire the company. There were also reports that Oracle's takeover bid could get EU approval soon, but an EU spokesman denied those reports.
Cellstar gained 8% on a deal with Intel.
Intervoice jumped 9% on its results.
Avanex fell 8% after its auditors resigned.
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Tech Stocks Sag on Warnings