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Wednesday, April 7, 2010 as of 11:14 AM ET

Morgan Stanley High Tech Index

Dell Leads Early Slump In Tech Stocks

Dell Inc .

led an early slump in tech stocks on Wednesday morning, after the PC maker reported in-line results for the January quarter and issued a lower-than-expected revenue forecast for the current period. Dell shares were down more than 6% to $17.08 after the opening bell. Hewlett-Packard shares were down 1.6% ahead of its own quarterly results, due after the closing bell. The Nasdaq Composite slipped by 0.3% to 2,938 at the open, while the Morgan Stanley High-Tech Index and the Philadelphia Semiconductor Index also declined fractionally.Copyright © 2012 MarketWatch, Inc....

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