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  • NEW YORK, Oct 10- The S&P 500 and Nasdaq on Friday posted their largest weekly declines since May 2012 and the Dow turned negative for the year, led down by technology stocks after a chipmaker warned of a major pullback in the industry. Some pinned the slide to concern about the Federal Reserve's imminent ending of its asset purchases stimulus, as well as worries...

  • NEW YORK, Oct 10- The S&P 500 and Nasdaq on Friday posted their largest weekly declines since May 2012 and the Dow turned negative for the year, led down by technology stocks after a chipmaker warned of a major pullback in the industry. Some pinned the slide to concern about the Federal Reserve's imminent ending of its asset purchases stimulus, as well as worries...

  • How the Dow Jones industrial average did Friday Friday, 10 Oct 2014 | 4:55 PM ET

    U.S. stocks ended lower Friday, turning in the worst weekly performance since May 2012. The declined capped a turbulent week in the market amid fears that the global economy could sputter. Technology shares were especially hard hit as several semiconductor makers slumped.

  • US stocks close out worst week since May 2012 Friday, 10 Oct 2014 | 4:13 PM ET

    U.S. stocks are closing out a turbulent week with another loss, giving the market its worst week since May 2012. Technology shares were especially hard hit. Semiconductor makers slumped after Microchip Technology cut its sales forecast for the quarter and warned investors to expect bad news from others in the sector.

  • Chipmakers led the decline, with the PHLX semiconductor index down 6.6 percent, the most for any day since mid February 2009, after Microchip Technology warned of a broad-based industry downturn. Microchip Tech shares tumbled 11.9 percent and the SOX entered correction territory, falling as much as 15.4 percent from a 13- year high hit less than a month ago.

  • AP Top Extended Financial Headlines At 1:20 p.m. EDT Friday, 10 Oct 2014 | 1:20 PM ET

    Japanese court orders Google to remove search results that hint at a man's unflattering past Olive Garden's troubles seen through the bloated prism of the unlimited pasta pass Risk of recession in trade giant Germany casts shadow over European, global economy US stock indexes mixed in afternoon trading at the end of a wild week; Chipmakers tumble Google gets...

  • AP Top Extended Financial Headlines At 12:32 p.m. EDT Friday, 10 Oct 2014 | 12:32 PM ET

    Japanese court orders Google to remove search results that hint at a man's unflattering past Olive Garden's troubles seen through the bloated prism of the unlimited pasta pass Risk of recession in trade giant Germany casts shadow over European, global economy US stocks mostly lower in midday trading at the end of a wild week; Chipmakers tumble Google gets...

  • AP Top Financial News At 12:32 p.m. EDT Friday, 10 Oct 2014 | 12:32 PM ET

    Japan court orders Google to remove search results Olive Garden seen through an unlimited pasta pass German downturn casts shadow over world economy US stocks mixed in midday trading; Chipmakers sink Over 1,000 Europeans a day ask Google to scrub Web Blackstone to spin off financial advisory services Olive Garden changes likely with board turnover Dave&...

  • AP Top Extended Financial Headlines At 12:30 p.m. EDT Friday, 10 Oct 2014 | 12:30 PM ET

    Japanese court orders Google to remove search results that hint at a man's unflattering past Olive Garden's troubles seen through the bloated prism of the unlimited pasta pass Risk of recession in trade giant Germany casts shadow over European, global economy US stocks mostly lower in midday trading at the end of a wild week; Chipmakers tumble Google gets...

  • AP Top Financial News At 12:30 p.m. EDT Friday, 10 Oct 2014 | 12:30 PM ET

    Japan court orders Google to remove search results Olive Garden seen through an unlimited pasta pass German downturn casts shadow over world economy US stocks mixed in midday trading; Chipmakers sink Over 1,000 Europeans a day ask Google to scrub Web Blackstone to spin off financial advisory services Olive Garden changes likely with board turnover Dave&...

  • AP Top Financial News At 12:25 p.m. EDT Friday, 10 Oct 2014 | 12:25 PM ET

    Olive Garden seen through an unlimited pasta pass German downturn casts shadow over world economy US stocks mixed in midday trading; Chipmakers sink Over 1,000 Europeans a day ask Google to scrub Web Blackstone to spin off financial advisory services Olive Garden changes likely with board turnover Dave& Buster's climbs in debut on Nasdaq Nissan recalls...

  • AP Top Extended Financial Headlines At 12:25 p.m. EDT Friday, 10 Oct 2014 | 12:25 PM ET

    Olive Garden's troubles seen through the bloated prism of the unlimited pasta pass Risk of recession in trade giant Germany casts shadow over European, global economy US stocks mostly lower in midday trading at the end of a wild week; Chipmakers tumble Google gets average of more than 1,000 European requests a day to wipe unflattering content Blackstone...

  • Buy the chip dip plays     Friday, 10 Oct 2014 | 12:07 PM ET

    Chip stocks are getting slammed today on a warning from Microchip, which believes another industry correction has begun. The FMHR traders, and Cody Acree, Ascendiant analyst, discuss.

  • AP Top Extended Financial Headlines At 11:52 a.m. EDT Friday, 10 Oct 2014 | 11:52 AM ET

    Olive Garden's troubles seen through the bloated prism of the unlimited pasta pass US stocks mostly lower amid lingering worries about global economic growth; Chipmakers tumble Risk of recession in trade giant Germany casts shadow over European, global economy Blackstone Group spinning off financial advisory business Olive Garden changes likely in...

  • NEW YORK, Oct 10- The Nasdaq dropped more than 1 percent on Friday, continuing a recent bout of weakness as the tech-heavy index was pressured by weakness in semiconductor stocks. "In a vacuum of policy response" to the weakness in Europe, "investors are selling first and asking questions later," said Jim McDonald, chief investment strategist at Chicago- based...

  • Semiconductor shares sink after Microchip warns Friday, 10 Oct 2014 | 11:22 AM ET

    NEW YORK— Semiconductor stocks plunged after Microchip Technology cut its sales outlook for the quarter and warned investors to expect bad news from others in the sector. Microchip Technology Inc., based in Chandler, Ariz., said it now expects second quarter sales of about $546.2 million, down from a range of $560 million to $575.9 million. Microchip dropped...

  • AP Top Extended Financial Headlines At 11:22 a.m. EDT Friday, 10 Oct 2014 | 11:22 AM ET

    Olive Garden's troubles seen through the bloated prism of the unlimited pasta pass US stocks mostly lower amid lingering worries about global economic growth; Chipmakers tumble Blackstone Group spinning off financial advisory business Olive Garden changes likely in store after activist investor wins Darden board seats Dave& Buster's rises in debut on...

  • NEW YORK, Oct 10- The Dow and S&P 500 rose on Friday, modestly rebounding after a sharp decline in the previous session, though weakness in chipmakers limited the Nasdaq's advance. Intel Corp fell 2.4 percent to $32.77 while Texas Instruments sank 6.8 percent to $42.87 and Micron Tech lost 6.1 percent to $28.77. "Investors may have to worry beyond Friday about the...

  • FRANKFURT, Oct 10- Demand for electronics devices is weakening, according to circuit makers at the base of the industry's food chain, suggesting a long-predicted slowdown in global economic growth may be coming to pass. In recent weeks, a series of U.S. semiconductor makers with global operations have begun to paint a worrying picture of a broad-based slow down...

  • US STOCKS-Futures drop, chipmakers weigh on Nasdaq Friday, 10 Oct 2014 | 8:36 AM ET

    NEW YORK, Oct 10- U.S. stock index futures fell on Friday, with the decline particularly pronounced in the tech-heavy Nasdaq index, which was weighed by weakness in chipmakers. Intel Corp fell 2.4 percent to $32.80 while Micron Technology was off 2.3 percent at $29.92. In other tech news, Juniper Networks Inc fell 6.4 percent to $19.59 before the bell a day after it...