The Night Watch: Traders Ease Into the Weekend With Tame Session

Big tech stocks are the most active. Knight Trading climbs, but Polycom slides.
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Not surprisingly, after-hours trading was subdued Friday, and widely held technology issues claimed the majority of the spots on the extended-session platforms.

Volume was fairly light, with around 1.4 million shares changing hands on Instinet in the first 30 minutes of extra trading.

Sun Micro

(SUNW) - Get Report

was the volume leader on Instinet, trading down 0.2% to $11.42. On the Island ECN, Sun was off 0.3% to $11.41.

Dell

(DELL) - Get Report

was also active, but remained unchanged from the 4 p.m. EST close at $24.92.

Intel

(INTC) - Get Report

was inching up 0.2% to $26.35.

The

Nasdaq 100 Tracking Stock

(QQQ) - Get Report

was down 0.3% to $35.50 on Instinet, but flat on Island.

Juniper

(JNPR) - Get Report

was up 0.6% to $19.60 on Instinet, and the stock managed a 1.1% gain on Island.

Microsoft

(MSFT) - Get Report

, which slipped 0.7% in regular action, gained 0.2% to $61.54 after hours. The big news surrounding Microsoft at the end of the week was the revelation that the software maker has reached a tentative settlement with the Justice Department to settle the government's antitrust lawsuit.

Cisco

(CSCO) - Get Report

was up 0.2% to $17.29.

Knight Trading

(NITE)

was the biggest percentage gainer on Instinet after the close, trading up 8.3% to $11.04, but volume was light.

Polycom

(PLCM)

, a provider of voice, video and data communications products, was the top loser, dropping 5.5% to $30.36.