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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)
08/25/201617:20:00Autodesk Raises Annual View
08/25/201616:03:01Current Report Filing (8-k)
08/25/201616:01:00Autodesk Reports Strong Second Quarter Results
08/16/201616:56:44Statement of Changes in Beneficial Ownership (4)
08/16/201616:55:25Statement of Changes in Beneficial Ownership (4)
08/12/201619:27:01Amended Statement of Changes in Beneficial Ownership (4/a)
08/12/201619:14:24Statement of Changes in Beneficial Ownership (4)
08/01/201608:30:00Autodesk Industry Collections Now Available Worldwide
08/01/201608:00:00Autodesk Extends Invitation to Join Financial Results Conference...
07/29/201616:25:31Statement of Changes in Beneficial Ownership (4)
07/29/201608:08:00On BizWireTV: Cybercrime Meets Its Match and the Importance of...
07/21/201608:00:00Autodesk Launches LIVE: Brings Interactive Storytelling to Life
07/14/201616:28:25Statement of Changes in Beneficial Ownership (4)
07/01/201607:45:00Why Investors Love These Technology's Stocks? - Autodesk, Mentor...
06/17/201616:34:59Statement of Changes in Beneficial Ownership (4)
06/17/201616:32:49Statement of Changes in Beneficial Ownership (4)
06/17/201616:31:32Statement of Changes in Beneficial Ownership (4)
06/17/201616:29:19Statement of Changes in Beneficial Ownership (4)
06/17/201616:27:09Statement of Changes in Beneficial Ownership (4)
06/17/201616:24:57Statement of Changes in Beneficial Ownership (4)

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