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Technology Stocks : Semi Equipment Analysis

SOXX 292.04

+2.4%

4:00 PM EST

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From: Donald Wennerstrom	8/24/2010 10:31:57 AM
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This is the 10:00 market report from Briefing.com. <<Home Sales Figures Further Sink Stocks Dow -159.16 at 10015.25, Nasdaq -39.60 at 2120.03, S&P -17.80 at 1049.56 [BRIEFING.COM] Stocks have dropped another leg lower with the release of the latest existing home sales figures. The knee-jerk reaction briefly sent the Dow below 10,000 for the first time in more than one month. According to the latest data, existing home sales for July plummeted 27% month-over-month to an annualized rate of 3.8 million units, which is well below the annualized rate of 4.7 million unit that had been expected , on average, by a sample of economists polled by Briefing.com.>>

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