
Stocks have moved back to earlier lows. The Nasdaq and the S&P 500
are posting declines in excess of 3%. The Dow is down substantially,
but not as much on a percentage basis.
Weakness in the Nasdaq is primarily due to large-cap tech names. The
session's primary laggards include Apple (AAPL 103.21, -5.91) and
Microsoft (MSFT 26.08, -0.40). Google (GOOG 394.29, -17.43) is also
underperforming, trading at its lowest point since 2006.