and qualcomm was up more than 2%. we learned today qualcomm will have its chips inside the new iphone 4s, which is released tomorrow. while tech stocks were strong, if roose enmonday when the share price fell 2.20 a two year low. while tech stocks were strong, financial stocks were the biggest drag, even though j.p. morgan reported better than anticipated earnings. it's the first major u.s. bank to report third quarter results. strong lending and consumer banking helped profits. that didn't help shares today, sliding almost 5%. volume was strong as the stock dropped from a one-month high yesterday. the bank struck a cautious tone, though, pulling back ambitious expansion plans for bank branches, and cutting 1,000 jobs from its investment banking operations. that outlook hit other big banks ahead of their earnings next week. bank of america and citigroup each dropped more than 5%; wells fargo was off 3%. with two advances after the close tonight, credit rating agency fitch put several banks on notice for possible downg