The major indices continue to chop along. The session has traded with a generally negative bias.
Dow Jones reports that Microsoft (MSFT 22.50, -0.16) has no interest in
acquiring Yahoo! (YHOO 12.83, +1.08) and there are no discussions.
When reports surfaced earlier that Microsoft thought a purchase of
Yahoo sill made sense, shares of YHOO spiked higher. Despite the
response by Microsoft, shares of YHOO remain elevated.
The broader tech sector (-1.0%) is back in the negative. It has traded between a gain of 1.9% and a loss of 4.7%.