Market Testy, Technology Takes A Hit

Today thus far the Market has not found solid ground, and Technology has been one of the sour losers. Real time as of 10:15 AM the S&P 500 is slipping closer towards a new intraday low below 1413, with the Nasdaq just hitting a new intraday low of 2440.13 moments ago. Let’s take a look at some movers to the downside over the last 45 minutes of the day thus far:

• Apple Computers (AAPL) has fallen to nearly $88 on volume of already about nine million shaers. The stock is down almost 2% and is nearing intraday lows as we speak of $88.02. High on the day today is $90.50.
• Baidu.com (BIDU) has seen some profits taken off the table after yesterdays run up of nearly 5%. The stock is at a realtime last of $122.56, down about 2.8% on the day thus far. Low on the day is $122.10.
• Las Vegas Sands (LVS) just hit a new intraday low moments ago of $94.10, and is currently down over 1.7% on the day. Volume is just nearing 400,000 currently.

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Comment by Lee Newton

2006-12-07 13:08:46

Baidu.com (BIDU) has seen some profits taken off the table after yesterdays run up of nearly 5%. The stock is at a realtime last of $488.56, down about 3.5% on the day thus far. Low on the day is $487.99. I think you mean Google

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