By Benjamin Pimentel, MarketWatch
SAN FRANCISCO (MarketWatch) -- The tech sector joined a broad
market retreat on disappointing manufacturing data, with Amazon and
Microsoft among the top decliners.
Amazon (AMZN) was down 3% after posting disappointing results
last week. Microsoft (MSFT) was also down 2%, one of the worst
performers on the Dow Jones Industrial Average(DJI) , which shed
122 points on news of a slower rate of expansion in U.S.
manufacturing in January.
Shares of Yahoo (YHOO) were off 1.4%, while Hewlett-Packard
(HPQ) was off 1%.
The Nasdaq Composite Index (RIXF) was down 1% at 4,062. The
Morgan Stanley High Tech 35 Index (MSH) and the Philadelphia
Semiconductor Index (SOX) were each off about 1%.
On the upside, shares of LinkedIn (LNKD) and Twitter (TWTR) rose
ahead of the their quarterly reports later this week.
Twitter, which is scheduled to report for the first time since
going public late last year, was up 1.7%. LinkedIn, which is set to
report on Thursday, saw its stock rise 1.5%.
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