The session's weakness came after stocks began the session with broad-based gains. A renewed selling effort in financial stocks fueled pressure in the broader market. The tech secot has been dragged down by HPQ's disappointing first-quarter report and second-quarter outlook. HPQ fell 8%. Other computer and hardware stocks also fell. Declines also came from Microsoft and Oracle.
Friday, February 20, 2009
Unable to hold early gains
The session's weakness came after stocks began the session with broad-based gains. A renewed selling effort in financial stocks fueled pressure in the broader market. The tech secot has been dragged down by HPQ's disappointing first-quarter report and second-quarter outlook. HPQ fell 8%. Other computer and hardware stocks also fell. Declines also came from Microsoft and Oracle.
