The market came off session lows but finished in the red. The situation in Japan has created a lot of uncertainty in the market. Analysts assess Japan quake’s impact on the global tech sector. The tragedy will likely have an impact on the supply chain for high-tech products - in particular certain types of chips, as well as LCD screens. Investors will be tentative until they figure out where things are headed. Hewlett-Packard unveiled long view that stresses webOS and cloud computing and announces 50% dividend hike.
Tuesday, March 15, 2011
Japan remains in focus
The market came off session lows but finished in the red. The situation in Japan has created a lot of uncertainty in the market. Analysts assess Japan quake’s impact on the global tech sector. The tragedy will likely have an impact on the supply chain for high-tech products - in particular certain types of chips, as well as LCD screens. Investors will be tentative until they figure out where things are headed. Hewlett-Packard unveiled long view that stresses webOS and cloud computing and announces 50% dividend hike.
