Warning from HP expected to take toll on stocks

[Dover]

Warning from HP expected to take toll on stocks
Reuters News Service

NEW YORK - U.S. stocks are expected to fall at the open today, hit by technology shares after Hewlett-Packard Co. warned its profit for the current quarter would fall short of Wall Street expectations.

Hewlett-Packard's news is another blow to tech investors who were already reeling from today's announcement from Cisco Systems Inc. that inventories at the world's largest Internet equipment maker were rising and that customers were more cautious in their spending.

Oil prices near records are also expected to dampen investor enthusiasm for stocks....cont'd

http://www.chron.com/cs/CDA/ssistory.mpl/business/2732062