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TECH STOCKS: Techs Head South In Broad Market Sell-off

By Benjamin Pimentel Technology stocks fell sharply Tuesday, swept along in a broader market retreat triggered by financial worries in Europe and Asia. The Nasdaq Composite Index (RIXF) tumbled nearly 3% to 2,152 shortly after the open of trading, putting the tech benchmark more than 5% lower for the year to date. The Morgan Stanley High Tech 35 Index (MSH) also fell, down more than 2%, while the Philadelphia Semiconductor Index (SOX) tumbled more than 3%. Leading the decline were some of the tech industry's biggest players, including blue chips Intel Corp. (INTC), Cisco Systems (CSCO) and Hewlett-Packard (HPQ). Shares of Oracle Corp. (ORCL), Microsoft (MSFT) and Google Inc. (GOOG) all moved down more than 2%, while Yahoo Inc. (YHOO) fell more than 3%. Worse still, Autodesk Inc. (ADSK) and Baidu Inc. (BIDU) both dropped more than 4%. The Dow Jones Industrial Average (DJI) lost more than 200 points as investors rattled by tensions on the Korean peninsula and the financial crisis in Europe decided to sell out of positions.

Stock News for Autodesk (ADSK)
DateTimeHeadline
06/18/201416:41:40TECH STOCKS: Investors Flock To Amazon, Adobe
06/18/201411:19:29TECH STOCKS: Amazon, Adobe Get Attention From Tech Investors
05/16/201416:34:16TECH STOCKS: Applied Materials, Rackspace Lead Tech Gains
05/16/201411:39:46TECH STOCKS: Applied Materials, Rackspace Are Notable Tech Gainers
05/16/201409:47:18U.S. Hot Stocks: Hot Stocks to Watch
02/27/201411:38:06TECH STOCKS: Workday, TiVo Help Lead Tech Rally
02/27/201409:36:24Hot Stocks: Hot Stocks to Watch
02/24/201405:47:09MARKET SNAPSHOT: U.S. Stock Market Is Starting To Ride A Tech...
11/22/201309:35:22U.S. Hot Stocks Futures: Hot Stocks to Watch
11/21/201315:11:15TECH STOCKS: Pandora, Micron Help Pace Tech Gains
11/15/201309:13:37Maverick Capital Ltd. 3Q 13F: Holdings As Of Sep 30
11/15/201309:13:37Maverick Capital Ltd. 3Q 13F: Largest Purchases
11/15/201309:01:33HBK Investments LP 3Q 13F: Holdings As Of Sep 30
11/15/201309:01:33HBK Investments LP 3Q 13F: Holdings As Of Sep 30 -2-
11/15/201308:55:37Highbridge Capital Management 3Q 13F: Largest Eliminations
11/15/201308:55:35Highbridge Capital Management 3Q 13F: Largest Purchases
11/15/201308:55:35Highbridge Capital Management 3Q 13F: Largest Sales
11/15/201308:55:35Highbridge Capital Management 3Q 13F: Largest -2-
11/15/201308:53:17D. E. Shaw & Co. LP 3Q 13F: Holdings As Of Sep 30
11/15/201308:53:17D. E. Shaw & Co. LP 3Q 13F: Holdings As Of Sep 30 -2-

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