The Night Watch: Big Tech Takes Over Sleepy Session

Cisco is the volume leader. Oracle picks up 1.6%.
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The after-hours session was slow Friday as news was light and traders seemed to have already put the choppy week behind them and headed out for the two-day break.

In the first hour of trading, only around 1.5 million shares had changed hands among the top-20 volume movers on the Instinet platform.

Cisco

(CSCO) - Get Report

was the volume leader, trading up 0.4% to $15.30.

Applied Materials

(AMAT) - Get Report

was off 0.2% at $42.41, and the

Nasdaq 100 Unit Trust

(QQQ) - Get Report

was losing 2.4% to $32.84.

Elsewhere, widely held tech shares were active, as is usually the case.

Microsoft

(MSFT) - Get Report

was slipping 0.2%, while

Dell

(DELL) - Get Report

was gaining 0.6%.

WorldCom

(WCOM)

was off 0.1% at $7.08, and

Oracle

(ORCL) - Get Report

was tacking on 1.6% at $15.75.