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H-P leads tech stocks lower - (bac, dow, spy, goog, s p 500)

Nikkei 225 | 09:03 | 0 comments


SAN FRANCISCO (MarketWatch) - Technology shares slipped in early trading on Friday, with Hewlett-Packard's HPQ -4.13% stock leading the retreat as Wall Street reacted to the replacement of Chief Executive Leo Apotheker with Meg Whitman. H-P was down 1.5% to become the top Dow component decliner. The Dow Jones Industrial Average DJIA -0.14% was down 53 points, while the Nasdaq Composite Index slipped by 0.2% to 2,450. The Morgan Stanley High Tech 35 Index MSH +0.85% was down 0.5%, while the Philadelphia Semiconductor Index SOX +1.74% was off 0.3%

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