Stocks resume slide on weak tech earnings
Stocks continued its downward slide after weak earnings from Motorola & Qualcomm spurred a sell-off in techs. Qualcomm Inc shares fell 14.2% while Motorola shares fell 12.4% after earnings and outlook fell short of expectations.
DJIA -115.70pts (1.13%) at 10120.46
S&P -12.97pts (1.18%) at 1084.53
Nasdaq -42.41pts (1.91%) at 2179.00