By Rex Crum, MarketWatch
SAN FRANCISCO (MarketWatch) -- Tech stocks slumped in early
trading Tuesday as the sector joined in a broad market retreat
leading up to the next big round of earnings reports.
Among tech bellwethers, Yahoo Inc. (YHOO) fell 1.3%, to $40.98,
and losses also came from Google Inc. (GOOGL), Netflix Inc. (NFLX)
and Microsoft Corp. (MSFT).
Hewlett-Packard Co. (HPQ) shares were off by 2%, at $36.15, a
day after the tech giant said it would split into two public
companies.
Outerwall Inc. (OUTR), the parent company of DVD-rental kiosk
operator Redbox, shed 13 cents a share to trade at $56.46. The
company said it's pulling the plug on its Redbox Instant
video-streaming service Tuesday night.
GT Advanced Technologies Inc. (GTAT) was up 18% at 93 cents a
share, one day after the supplier of sapphire products to Apple
Inc. (AAPL) and other companies filed for Chapter 11 bankruptcy
protection. On Monday, GT Advanced share plunged 90%.
The Nasdaq Composite Index (RIXF) fell 29 points to 4,425 and
the Philadelphia Semiconductor Index (SOX) was off by almost
1%.
(Read more about the day's market activity in Market Snapshot
http://www.marketwatch.com/story/us-stocks-futures-fall-with-investors-expected-to-book-more-profits-2014-10-07.).
Subscribe to WSJ: http://online.wsj.com?mod=djnwires