TECH STOCKS: Apple, LinkedIn Lead Tech Retreat

By Dow Jones Business News, 
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By Benjamin Pimentel, MarketWatch

SAN FRANCISCO (MarketWatch) -- Technology stocks were mostly lower Thursday as the group joined a broad market retreat on new worries about the European economy.

Apple ( AAPL ) and LinkedIn (LNKD) highlighted the tech retreat. Apple gave up 0.4% to close at $95.03, while LinkedIn fell 2% to close at $156.31.

The Nasdaq Composite Index (RIXF) shed 0.5% to close at 4,396, while the Dow Jones Industrial Average (DJI) fell 71 points as Wall Street reacted to news that a major bank in Portugal has decided to delay a debt repayment.

Also in the red were shares of Google Inc.( GOOG ), Facebook Inc.( FB ) and Twitter Inc.(TWTR), each down a fraction.

Shares of eBay Inc. ( EBAY ) retreated 1.2% to close at $50.34, while Micron Technology (MU) slipped 0.4% to close at $ 32.77.

On the upside, shares of Microsoft Corp. (MSFT) edged higher by a fraction to close at $41.69 and Intel Corp. (INTC) climbed 1.2% to close at $31.26. Shares of Zynga Inc. (ZNGA) climbed 3.7% to close at $3.12.

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This article appears in: Commodities

Referenced Stocks: AAPL , EBAY , FB , GOOG , GOOGL

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