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Tech stocks drag down Nasdaq, Dow

The Nasdaq plummets more than 7 percent and the Dow falls as well, driven down by an analyst's comment that Microsoft's revenues may be lower.

 

  latest developments 

The Dow loses ground and the Nasdaq plummets more than 7 percent, driven down by an analyst's comment that Microsoft's revenues may slip.

 


Nasdaq tumbles again, loses 7 percent
update Sparked by an analyst's negative comments about Microsoft, tech stocks get pounded as the Nasdaq composite index records its sixth-biggest decline. see special coverage: The verdict is in

Microsoft falls on revenue concerns
update An influential investment bank cuts its revenue outlook for the software giant, sending the shares below $80.

previous coverage
Are Microsoft shares a bargain?
A drop in the software maker's shares has some analysts urging investors to buy Microsoft stock now, while the price is depressed.