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Tech Wreck Sinks Stocks

Stock quotes in this article: WMT , GM , INTC , AMZN , PEP , BA , RIMM  

Updated for 4:16 p.m. EDT

Stocks were enjoying solid gains for much of the session Thursday, but afternoon weakness in the tech sector spoiled the run and the major averages ended the day lower.

The tech-heavy Nasdaq Composite rose by as many as 23 points before pulling back and settling down 39.41 points, or 1.4%, to 2772.20.

Among major tech names, Baidu.com (BIDU Quote), Infosys Technologies (INFY Quote), Research In Motion (RIMM Quote), Amazon.com (AMZN Quote), and SanDisk (SNDK Quote) dropped 5% or more. ...

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