Tech stocks stumble in early trading
SAN FRANCISCO (MarketWatch) — Tech stocks were in a hunt for direction in early trading Friday as the broad market reacted to the latest unemployment rates and payrolls report. The Labor Department said the U.S. jobless rate in December held steady at 7.8%. Among tech stocks, declines came from Apple Inc. , Microsoft Corp. and Amazon.com Inc. . Coinstar Inc. , which runs the line of Redbox DVD-rental kiosks, saw its shares fall almost 7%, to .47. Late Thursday, Coinstar announced the unexpected retirement of Chief Executive Paul Davis, effective March 31. The Nasdaq Composite Index shed almost 2 points to 3,098.
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