Tuesday, January 13, 2009

Plunged on negative news from Seagate

Major technology players were in the red. including Amazon and Intel. Analysts predict Intel will delay the adoption of a new manufacturing process. The company warned last week that its fourth-quarter sales will fall 23%. We expect more earnings surprises later this week.
8:40 am ET QQQQ pre-market price: 29.63 +0.11 0.37%