Click for more market data.
NEW YORK (CNNMoney)
The Dow Jones industrial average, the S&P 500 and the Nasdaq were all down between 0.3% and 0.5% in early trading.
Tech shares have been the biggest drivers this week, boosted by strong earnings from Apple (AAPL, Fortune 500) and Facebook (FB), but weak results from Amazon (AMZN, Fortune 500) and Zynga (ZNGA) could put pressure on the sector Friday.
Amazon shares were lower after the online retailer posted a surprise loss. And Zynga's stock sank after the online gaming company issued a weak outlook for the third quarter and said it's not going to pursue online gambling in the United States.
Expedia (EXPE) was the biggest drag on both the Nasdaq and S&P 500 Friday. Shares of the online travel company plunged 24% on a worse-than-expected earnings report.
Click here for more on stocks, bonds, commodities and currencies
Shares of Activision Blizzard (ATVI) surged more than 21% after the maker of games like World of Warcraft and Call of Duty said it was striking out on its own, through an $8.2 billion deal.
Starbucks (SBUX, Fortune 500) shares rose after the coffee merchant delivered better-than-expected quarterly earnings and sales.
Related: Fear & Greed Index, still greedy
Halliburton (HAL, Fortune 500) stock rose nearly 4% after the Justice Department said the oilfield services firm would plead guilty to destroying computer test results that had been sought as evidence in the Deepwater Horizon disaster.
Tesla Motors (TSLA) shares gained after Deutsche Ban (DB)k upgraded the electric car maker.
In economic news, the University of Michigan and Thomson Reuters said a key measure of consumer sentiment rose to 85.1 in July, the highest level in six years.
Related: What's next for SAC?
European markets were also mixed in afternoon trading, though shares of Pearson (PSO) and LVMH (LVMHF) rose after the companies posting better-than-expected earnings.
In Asia, Japan's benchmark Nikkei index fell by 3% as the yen strengthened. Japan's inflation turned positive for the first time in a year, a sign that Abenomics is taking hold.
The performance on Chinese indexes was more muted. Hong Kong's Hang Seng index rose by 0.2% and the Shanghai Composite index declined by 0.5%.
First Published: July 26, 2013: 9:49 AM ET
Anda sedang membaca artikel tentang
Tech shares lead broad decline
Dengan url
https://sepakgajah.blogspot.com/2013/07/tech-shares-lead-broad-decline.html
Anda boleh menyebar luaskannya atau mengcopy paste-nya
Tech shares lead broad decline
namun jangan lupa untuk meletakkan link
Tech shares lead broad decline
sebagai sumbernya
0 komentar:
Posting Komentar