The stock market is sustaining huge losses on new concerns over the debt crisis in Greece.
The Nasdaq Composite with less than an hour of trading remaining is down about 84 points, or 3.5%, to 2313.65; the index earlier traded as low as 2185. The Dow Jones Industrial Average, which at one point was down more than 900 points – Update: close to 1,000, actually -� is now off around 450.
Technology shares are taking a pounding – much like everything else.
Here’s a quick look at the 5 largest tech stocks by market cap:
- Microsoft: Down 55 cents, or 1.8%, to $29.30.
- Apple: Down $7.88, or 3.1%, to $248.10.
- Google: Down $2.88, or 0.6%, to $506.88.
- IBM: Down $2.04, or 1.6%, to $124.77.
- Cisco: Down 87 cents, or 3,3%, to $25.68
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