Bottomless Pit: Dow Breaks 8,000; Nasdaq Below 1,400

With losses accelerating into the close, the major stock market indexes closed at levels not seen since 2003. The Dow Jones Industrial Average fell 427.3 points, or 5.1% to 7,997.44, while the Nasdaq Composite dropped 96.85, or 6.5%, to 1,386.42. Why? Well, you know why. A bailout of the auto industry is stalled on Capitol Hill. The Fed indicated that the economic downturn will last at least a year. And earnings remain crummy. Knock down stocks en masse, or whack them one at a time. Your choice. Here’s a look at the 10 most actively traded tech stocks on the Nasdaq: Microsoft (MSFT) fell $1.17, or 6%, to $18.45. Intel (INTC) fell 54 cents, or 4.1%, to $12.57. Cisco (CSCO) fell $1.28, or 7.8%, to $15.17. Oracle (ORCL) fell 87 cents, or 5.1%, to $16.15. Yahoo (YHOO) fell $2.38, or 20.6%, to $9.17. Apple (AAPL) fell $2.93, or 3.3%, to $86.98. Research In Motion (RIMM) fell $1.47, or 3.1%, to $45.78. Dell (DELL) fell 22 cents, or 2.1%, to $10.38. Applied ... (link)