By Benjamin Pimentel

Tech stocks remained largely in the red Thursday, weighed down by losses in shares of eBay Inc., which fell 6% after the Internet giant reported a drop in third-quarter earnings.

EBay (EBAY) was off $1.49 a share, or 6%, at $23.53 a day after the company also issued a weaker-than-expected outlook.

EMC Corp. (EMC) also fell, giving up 50 cents a share, or almost 3%, at $17 after the storage technology company also reported lower third-quarter profit.

The declines helped set the broader trading tone as the Nasdaq Composite Index (RIXF) retreated 8 points to 2,142.

The Morgan Stanley High Tech 35 Index (MSH) fell 0.9%, while the Philadelphia Semiconductor Index (SOX) was off by 0.6%.

Apple Inc. (AAPL) shares gave up 88 cents to trade at $204.03 after Nokia Corp. (NOK) filed suit against the company, alleging the iPhone violates 10 Nokia technology patents.

 
 

Microsoft Corp. (MSFT) shares fell 27 cents to $26.31 on the day it launched Windows 7, the latest version of its flagship PC operating system software.

 
 

Other companies in the red included Hewlett-Packard (HPQ), Oracle Corp. (ORCL), Google Inc. (GOOG) and Advanced Micro Devices (AMD).

Online retailer Amazon.com Inc. (AMZN) and communications chip maker Broadcom Corp. (BRCM) also retreated ahead of their quarterly results, due after the market close.

A few gainers emerged, including Lam Research Corp. (LRCX), which rose 90 cents a share, or 2.5%, to $36.75 after the semiconductor equipment maker reported a higher quarterly profit.

Gains also came from Dell Inc. (DELL), IBM Corp. (IBM) and Cisco Systems Inc. (CSCO)

 
 
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