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Friday, November 06, 2009
Tech Stocks Fall Along With Broad Market
By Rex Crum
MarketWatch Pulse
SAN FRANCISCO -- Technology stocks fell along with the broad market Friday following the latest U.S. unemployment figures. The Labor Department delivered a worse-than-expected report on job losses, which showed the unemployment rate rising to 10.2%--and topping 10% for the first time in 26 years. Among tech stocks, losses came from Dell Inc. , Microsoft Corp. , Cisco Systems Inc. and Intel Corp. . The tech-heavy Nasdaq Composite Index fell 5 points to 2,100.
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