CNET también está disponible en español.

Ir a español

Don't show this again

Samsung Unpacked Samsung Galaxy Note 20 Next stimulus package Samsung Tab S7 Disney will release Mulan online Google Play Music is shutting down in December

MIDDAY MARKETS: JDS Uniphase leads techs lower

A big fiber-optic deal caused the Nasdaq to fumble at midday Monday, as a big decline in JDS Uniphase led the tech-heavy index lower. The Nasdaq shed 17.74 to 4,005.46 and the Dow Jones industrial average climbed 18.74 to 10,654.72.

The Inter@ctive Week @Net Index fell 3 to 492.87.

Shares of Canadian fiber optics firm JDS Uniphase Corp. (Nasdaq: JDSU) plunged 14 1/4 to 101 15/16 after it announced it would acquire SDL Inc. (Nasdaq: SDLI), up 31 11/16 to 327, in a deal worth around $41 billion. Other fiber-optics makers got some ammunition out of the deal; New Focus (Nasdaq: NUFO) rose 17 1/8 to 98 5/8, Avanex (Nasdaq: AVNX) rose 9 7/8 to 116 5/8 and Ciena (Nasdaq: CIEN) rose 4 5/8 to 176 1/2.

CyberSource Corp. (Nasdaq: CYBS), up 3/16 to 16 11/16, said Monday it will buy PaylinX Corporation to extend its e-commerce transaction capabilities in a deal worth about $138.6 million.

SBC Communications Corp. (NYSE: SBC), up 5/8 to 45 5/16, announced it will give a PC to consumers who sign up for a two-year high-speed Internet service contract.

Yahoo! (Nasdaq: YHOO) fell 4 1/2 to 112, Amazon (Nasdaq: AMZN) climbed 1 1/8 to 35, AOL (NYSE: AOL) lost 1 7/16 to 55 9/16.

Intel (Nasdaq: INTC) fell 1 7/8 to 137 7/16, and Microsoft (Nasdaq: MSFT)fell 2 1/4 to 79 3/4.

Among other leading tech issues: Cisco (Nasdaq: CSCO) fell 15/16 to 64 7/16, Sun Microsystems (Nasdaq: SUNW) rose 1 1/8 to 91 3/16 and Oracle (Nasdaq: ORCL) fell 2 1/8 to 73 3/4.