DAVID HAFFENREFFER, CNN ANCHOR: Well, a grueling day for the Nasdaq on Monday, the index is now down more than 16 percent from its highs set on March 10th.</s>DEBORAH MARCHINI, CNN ANCHOR: For a preview of what we can expect today, as well as a look at what could happen to Microsoft's stock, let's go to Sasha Salama at the Nasdaq marketsite. How's it looking, Sasha?</s>SASHA SALAMA, CNN CORRESPONDENT: Well, Deborah and David, we are seeing a bit of a bounce in Microsoft in the premarket. MSFT is up about $2 to about 92 3/4 in the premarket. Of course, the question now is, now that it has been ruled that Microsoft did indeed break -- violate antitrust law: What is next for the software giant? The range of options runs from possible restrictions of it behavior in the marketplace all the way to a possible breakup of the company. A breakup is expected to be unlikely, but it is still a possible option. Now, the loss in Microsoft accounted for 17 percent of the overall loss in the Nasdaq, and the Nasdaq lost $500 billion in market capitalization. You mentioned the Nasdaq is down about 16 percent from its record close, it's still up four percent year-to-date, and don't forget, that follows last year's 86-percent record run for the overall market. Of course, we are going to be watching the software stocks in general today, particularly the Linux-related companies, which actually benefited from Microsoft's woes. We're also going to be watching margin calls, what the brokerage firms are expecting there. Margin debt is running at record levels, that's borrowing stock -- buying stocks with borrowed money, and that is running at a record. So we'll be seeing what that holds in store as well -- David and Deborah.</s>MARCHINI: All right, thanks, Sasha. Search CNN.com CNNSI.com CNNmoney.com The Web
Microsoft Rebounds Slightly in Pre-Market