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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
05/21/201509:00:00Autodesk Cloud Offerings Achieve Milestone in FedRAMP Compliance...
05/20/201512:15:10What Is the S&P 500 Index?
05/19/201516:01:46Current Report Filing (8-k)
05/19/201516:01:00Autodesk Reports Solid Q1; Strong Subscriptions Growth
05/03/201512:01:13This Technology Could Revolutionize How Electronics Are Made
05/02/201514:14:02Carbon3D CEO Interview: "Materials Are Key" to Breakthrough CLIP...
05/01/201518:48:52Autodesk Upgraded to "Outperform" by Pacific Crest (ADSK)
05/01/201516:21:40Additional Proxy Soliciting Materials (definitive) (defa14a)
05/01/201508:30:00Autodesk Extends Invitation to Join Financial Results Conference...
04/30/201514:00:00Autodesk Accelerates the Future of Digital and Physical 3D Creation...
04/30/201507:46:06Autodesk Receives Mixed Rating from OTR Global (ADSK)
04/29/201506:05:16Additional Proxy Soliciting Materials (definitive) (defa14a)
04/29/201506:05:16Proxy Statement (definitive) (def 14a)
04/26/201509:32:02Carbon3D's CEO Discusses Its Breakthrough CLIP 3D Printing Tech?
04/21/201517:03:05Companies Trade Suburbs for City Life
04/20/201508:00:00Autodesk and Mattel Team Up to Bring New Digital and 3D Printing...
04/13/201512:30:57Watch Out, 3D Systems and Stratasys -- Carbon3D's Super-Speedy...
04/13/201509:00:00Autodesk 2016 Design & Creation Suites Now Available
04/09/201508:00:00Autodesk Backs Carbon3D With $10 Million From Spark Investment...
04/03/201516:09:34Statement of Changes in Beneficial Ownership (4)

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