KYRA PHILLIPS, CNN ANCHOR: The Nasdaq market, where technology stocks are traded, suffered its biggest point loss ever yesterday, and the Microsoft ruling is only one of the factors blamed for the dive. Sasha Salama of CNN Financial News is at the Nasdaq in New York's Times Square. Good morning, Sasha.</s>SASHA SALAMA, CNN CORRESPONDENT: Good morning, thanks very much. We are going to be watching shares of Microsoft closely today. In fact, in the pre-market, the shares are up nearly $2. Of course, that doesn't nearly make up for the huge loss we saw yesterday, that you mentioned. Microsoft losing more than $15 in just one day, that was its worst point loss since the market crash of 1987, and it brought the Nasdaq along with it. The Nasdaq is a market-weighted index, and Microsoft accounts for about 13 percent of the overall market value. So it, really, was, largely, responsible for a good chunk of the decline. The futures, this morning, on the Nasdaq 100, are pointing to a slight rebound, at least at the open of trade at 9:30 Eastern time. Whether that holds until the close, is anybody's guess these days. Volatility is definitely king. Now, in addition to Microsoft, some other stocks that we're watching that could actually benefit from Microsoft's woes, include: Sun Microsystems, SUNW is the ticker symbol of this company, which is a fierce competitor to Microsoft. In fact, the CEO of Sun Microsystems, Scott McNealy, is calling for an out and out breakup of Microsoft. Shares of Sun are up nearly three in the pre-market. Linux stocks also benefiting, Linux an alternative computer operating system to Windows. Some Linux stocks that are already up in the pre-market, include Red Hat, Corel and VA Linux. Back to you.</s>PHILLIPS: All right, Sasha Salama, thank you very much. Search CNN.com CNNSI.com CNNmoney.com The Web
Nasdaq Looks to Rebound from Biggest Point Loss Ever