SAN FRANCISCO (MarketWatch) — The tech sector joined a broad market retreat on worries of the unfolding crisis in the Ukraine, with shares of Twitter Inc., Microsoft and Facebook falling sharply.
Twitter (TWTR) was off 2.2% to close at $53.71, while Facebook (FB) dropped 1.5% to close at $67.41 and Microsoft (MSFT) slipped 1.4% to close at $37.78. The Nasdaq Composite Index (COMP) shed nearly 1% to close at 4,277.
The Morgan Stanley High Tech 35 Index (MSH) gave up 1.1%, while the Philadelphia Semiconductor Index (SOX) shed 0.6%. The Dow Jones Industrial Average (DJIA) fell 153 points as the conflict in Ukraine intensified.
Apple Inc. (AAPL) rose 0.3% to close at $527.76 as the tech giant announced a new technology, called CarPlay, that would make it easier to use the iPhone and Siri in cars.
Shares of eBay Inc. (EBAY) shed 0.8% to close at $58.31. The company's battle with Carl Icahn continued as eBay director Marc Andreessen defended his role at the company, calling the billionaire's allegations "false and misleading."
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