“Tech stocks turned from early gains Tuesday to dip into the red by late Tuesday morning, with Netflix and Apple both leading the reversal and helped by a drop at EMC Corp.,” Benjamin Pimentel and Dan Gallagher report for MarketWatch.
“The Nasdaq Composite Index was nearly flat at last check at 3,922, while the Morgan Stanley High-Tech Index was down 0.2%,” Pimentel and Gallagher report. “The Philadelphia Semiconductor Index was down by 0.4%.”
Pimentel and Gallagher report, “Apple slipped by 0.5% to $518.76 ahead of an event in San Francisco, where the company is expected to unveil its latest iPads. The stock was up nearly 1% earlier.”
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