Wall St. Pullback Reflects Tech Blowout
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Wall Street's long-playing drama,  "Waiting for Google," is about to reach its final act, but its  stock market debut is ending up as more of a nostalgia event  than the catalyst for a new era.
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U.S. stocks fell on Thursday, hit by a  sharp drop in technology shares following a slew of sales  warnings from semiconductor makers, and as oil prices rose  nearly $1 a barrel.
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A downgrading of several semiconductor companies by a brokerage firm put technology shares under pressure on Thursday.
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U.S. stocks fell on Thursday, led by a sharp decline in the tech sector as shares of online auctioneer eBay Inc.  and wireless technology company Qualcomm Inc.  took a beating a day after both companies reported disappointing outlooks.
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Disappointing earnings guidance from tech heavyweights reignited fears of a U.S. recession.
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A weak forecast from Cisco marked another roller-coaster week for technology companies on the stock market.
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U.S. stocks fell on Monday, with tech shares giving back recent gains as a brokerage downgrade hit shares of Apple Computer Inc.  and a legal battle hurt chip maker Qualcomm Inc. .
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A rise in technology stocks helped boost the market on Friday, but volume was extremely thin before next week&#39;s Republican convention in New York City.
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Wall Street looked set to end the week on a weak note on Friday, with technology shares likely to fall after disappointing results from Microsoft Corp.  and Google Inc.
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Wall Street was hit hard by a disappointing jobs report.
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In the middle of the Sept. 3 tech wreck on Wall Street, there was at least one upside to chip giant Intel&#39;s (INTC ) lowering of expectations for the current quarter: It made it easier for other tech companies
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A discouraging report on home sales wiped out early gains on Wall Street.
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Figuring out which way the winds are blowing in the chip sector just got harder. Recent news suggests the all-encompassing rally off the September lows has ended and the sector&#39;s investors will have to be much more selective going forward.
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U.S. technology shares tumbled on  Friday after Intel Corp. INTC.O, the world's No. 1 chip  maker, slashed its revenue forecast, but blue chips were only  moderately lower as drug and industrial stocks gained.
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It's beginning to look like 2001 in the general economy, with consumers tightening their purse strings and businesses shedding jobs. But in the technology business, which suffered more than any other in the last meltdown, there are fewer signs of strain this time around.
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By JOE BEL BRUNO  NEW YORK - Investors have been waiting impatiently for four years for the high-tech sector to lead Wall Street to new heights, and they're likely to be cooling their heels for quite some time to come.
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U.S. tech shares fell on Monday, led by a drop in Apple Computer Inc.  after a brokerage downgrade and as investors bet chip maker Qualcomm Inc.  would lose in legal disputes to rival Broadcom Corp. .