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Sector roundup: Semiconductors, Internet

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May 16, 2008

Among the sector activity stories for Friday, May 16, from the AP Financial News:

NEW YORK (AP) -- The chip sector fell Friday, hurt in part by a possible post-earthquake downturn in China.

NEW YORK (AP) -- Shares of major Internet companies traded mostly lower Friday, with eBay Inc. dipping after an analyst said that a recent survey indicates the online auctioneer's conversion rates, or listings that result in sales, are down again.

NEW YORK (AP) -- Electronic Arts Inc. led a decline in video game stocks Friday after April's retail sales numbers, though a big jump from a year ago, disappointed investors.

NEW YORK (AP) -- Housing stocks drifted lower Friday after a poor consumer sentiment reading and record oil prices sent the broader market tumbling, and analysts said a report that new home construction rose in April may not be good news for the sector.

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