<< Read Full Article
<< Read Full Article
Tech stocks fell Tuesday as concerns about an economic slowdown and a decline in consumer spending intensified. The Nasdaq composite index was off 60.71 points, or 2.45%, closing at 2,417.59.
Apple(AAPL Quote) stock fell $11.83, or 6.6%, as investors were unimpressed with CEO Steve Jobs' latest offerings at Macworld Expo in San Francisco.
As expected, the company unveiled a new lightweight laptop and a video rental service through its iTunes store. Analysts said the company failed to reveal anything approaching last year's iPhone, which triggered a 12% bounce in the stock price in the three days following the debut. ...
Recent Comments
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,309.92 | 1,091.49 | 2,138.44 | 32.31 |
Oil *
77.12
|
|
DOWN
154.48
|
DOWN
19.14
|
DOWN
37.61
|
DOWN
0.48
|
10 Yr
3.23%
SPDR Gold
115.06
|
|
-1.48%
|
-1.72%
|
-1.73%
|
-1.46%
|
Data delayed 20 minutes |
Connect with TheStreet