Major losses in the tech sector drove stock indicies further into the red Monday, and the Dow almost fell under the 7000 mark.

The Dow currently sits at 7114, a figure last seen in 1997, a time of dial-up modems, S3 graphics and Pentium MMX CPUs. All things considered, Tuesday might very well see it close under 7000. Tech composite index Nasdaq also fell 2.3 percent to 1,408.

Although the financial sector rebounded on the news of the US government's pledge to provide more cash for the financial system, tech shares are still on the decline. Apparently investors are starting to realize that the tech sector is no safe haven in a time of recession, and selling off tech stocks, which no longer appear to be any safer than financial stocks.

Among the biggest losers were Yahoo, which dropped 13 cents to $12.01, following CEO Carol Bartz's announcement of a major reorganization, while Apple slipped 3.2 percent to 88.25, after it announced it is moving up its annual meeting, and that its legendary CEO Steve Jobs would not attend.

Analysts expect the market will be volatile throughout the week, as they await details on government plans to stabilize the financial system. The tech sector, however, will apparently have to fend for itself.