Dell's (DELL) Disappointment Weighs on Large Cap. Tech Stocks (AAPL, GOOG, RIMM, CSCO, ORCL, JNPR)

August 29, 2008 11:39 AM EDT
Dell's (Nasdaq: DELL) disappointing Q2 earnings are weighing on the broader markets in today's very low volume session of trading. With shares of Dell currently down about 12.6% to $22.04, big cap Nasdaq stocks are being pulled down, effectively bringing down the entire index: the Nasdaq Composite is down about 1.7%, compared to the Dow Jones and S&P 500, which are down only 0.9% and 0.94%, respectively.

Elsewhere on the Nasdaq:
  • Apple (Nasdaq: AAPL) down 1.9% to $170.48
  • Google (Nasdaq: GOOG) down 1.9% to $464.70
  • Research In Motion (Nasdaq: RIMM) down 4.2% to $121.29
  • Cisco (Nasdaq: CSCO) down 2.5% to $24.03
  • Oracle (Nasdaq: ORCL) down 3.6% to $21.82
  • Sun Microsystems (Nasdaq: JAVA) down 1.3% to $8.98
  • Juniper Networks (Nasdaq: JNPR) down 2.6% to $25.25
  • Brocade (Nasdaq: BRCD) down 2.3% to $7.38
Dell, Inc. and its subsidiaries engage in the design, development, manufacture, marketing, sale, and support of computer systems and services worldwide.

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