Updated from 2:20 p.m. ET

The tech sector sputtered Thursday, with the Nasdaq losing 54 points, or 4%, and most widely held stocks following suit.

The two primary exceptions to the sector bleed-out had only minor gains: Texas Instruments ( TXN) was up 0.3% to $14.90, and SanDisk ( SDNK) was up 0.5% to $8.16.

The rest of the sector was in agony:

  • Shares of Yahoo! (YHOO) were falling 2.9% to $12.77.
  • Microsoft (MSFT) fell 5.3% to $15.27.
  • Google (GOOG) fell 4.2% to $305.64.
  • Research In Motion (RIMM) fell 6.2% to $37.98.
  • Palm (PALM) fell 6.2% to $6.62.
  • Nokia (NOK), reportedly partnering with Verizon (VZ) on an exclusive 4G device, dropped 3.5% to $9.11.
  • Apple (AAPL) fell 2.6% to $88.84.
  • Hewlett-Packard (HPQ) fell 5.5% to $27.08.
  • Dell (DELL) dropped 5.5% to $8.39.
  • Cisco (CSCO) fell 4.6% to $14.55.
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