Technology sector stocks remained mostly lower Thursday as the stocks join oil in selloff as volatility spikes. Yahoo! Inc. (Nasdaq: YHOO) was among the biggest decliners today, trading lower by 1.67 percent to $14.97 as Chief Executive Officer Carol Bartz and other company officials faced shareholders amid reports that the company could be looking to replace Bartz after almost two-and-a-half years on the job. Shares of Electronic Arts Inc. (Nasdaq: ERTS) was also a big loser, down 3.46 percent to $21.76, following reports that the videogame publisher is in talks to acquire PopCap Games for more than $1 billion. PopCap is known for producing casual and mobile games such as “Plants vs. Zombies” and “Bejeweled.” Among other decliners are, Google Inc. (Nasdaq: GOOG) down 2.11 percent to $476.71, Microsoft Corp. (Nasdaq: MSFT) trading lower by 1.34 percent to $24.32, and International Business Machines (NYSE: IBM) lost 0.62 percent to $164.65. Among the gainers are, Apple Inc. (Nasdaq: AAPL), which rose 1.13 percent to $326.25, Adobe Systems Inc. (Nasdaq: ADBE) added 0.33 percent to $30.11, Intel Corp. (Nasdaq: INTC) up 0.09 percent to $21.42, and Red Hat Inc. (NYSE: RHT) gaining 3.66 percent to $45.32. In the broader sector Nasdaq Composite Index was trading lower by 9.28 points, or 0.35 percent to 2,659.91. Among the ETF’s, the Technology Sector Select SPDR Fund ETF (NYSEArca: XLK) was trading lower by 0.36 percent to $24.71 and SPDR Morgan Stanley Technology ETF (NYSE: MTK) trading down 0.89 percent to $62.58 on Thursday.
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