Tech stocks were sputtering like a wayward satellite, thanks to a semiconductor profit warning from Analog Devices, and an earnings report from Dell, which beat estimates but didn't exceed whisper numbers -- the unofficial forecasts that usually differ from accepted market estimates. By midday, the Nasdaq was down more than 14. The Dow was up almost 4.
Market Update
Tech stocks were sputtering like a wayward satellite, thanks to a semiconductor profit warning from Analog Devices, and an earnings report from Dell, which beat estimates but didn't exceed whisper numbers -- the unofficial forecasts that usually differ from accepted market estimates. By midday, the Nasdaq was down more than 14. The Dow was up almost 4.