Despite a rebound by financial stocks and merger news, the market was unable to find momentum. Oracle's shares are down for the ninth straight session. Google led the retreat, falling more than 5%. Cisco fell 4%. Intel managed to hold on to early gains, closing 1% higher on positive comments. Investors hope to get a clearer view of chip demand when Texas Instruments issues its midquarter update after the bell.
Tuesday, March 10, 2009
Unable to advance
Despite a rebound by financial stocks and merger news, the market was unable to find momentum. Oracle's shares are down for the ninth straight session. Google led the retreat, falling more than 5%. Cisco fell 4%. Intel managed to hold on to early gains, closing 1% higher on positive comments. Investors hope to get a clearer view of chip demand when Texas Instruments issues its midquarter update after the bell.
