By Rex Crum, MarketWatch
SAN FRANCISCO (MarketWatch) -- Thursday's trading session was
mostly negative for tech stocks as they followed the broader market
south on growing tensions in Ukraine.
The government in Kiev said Russian troops have entered the
eastern part of Ukraine and a NATO military official told Dow Jones
Newswires that Russia's army has taken a "more overt" position in
the country.
By the time the market closed, the tech-heavy Nasdaq Composite
Index (RIXF) had fallen almost 12 points to close at 4,557, while
the Philadelphia Semiconductor Index (SOX) managed to eke out a
small gain.
(Read more about the market's reaction to the Ukraine situation
in Market Snapshot
http://www.marketwatch.com/story/us-stocks-futures-slip-ahead-of-gdp-data-2014-08-28.).
Cloud-based human-resource software company Workday Inc. (WDAY)
had a rough go of it, falling almost 5% to close at $85.89 a
share.after reporting a wider second-quarter loss, but its results
still exceeded Wall Street analysts forecasts.
Yelp Inc. (YELP) gave up 0.7% to close at $82.32 a day after a
Goldman Sachs report said the online review and recommendation
company, and some other Internet companies, could be attractive
acquisition targets this year.
Declines also came from Hewlett-Packard Co. (HPQ), Google Inc.
(GOOGL) Amazon.com Inc. (AMZN) and IBM Corp. (IBM).
Twitter Inc. (TWTR) shares rose almost 3%, to $49.43, as the
microblogging company released its Twitter analytics dashboard to
all of its users, giving anyone with a Twitter account the ability
to see just how many people are reading their tweets.
Apple Inc. (AAPL) rose 12 cents a share to close at $102.25. The
company sent out invitations to members of the media for a company
event on Sept. 9 in which Apple is expected to unveil the next
version of the iPhone.
Yahoo Inc. (YHOO), Lexmark International Inc. (LXK) and VMware
Inc. (VMW).
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