Blue Chips Edge Down; Cisco Helps Nasdaq
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U.S. blue-chip stocks fell on Thursday  as disappointing earnings from companies including Dow  component Caterpillar and higher oil prices weighed on  investors after two days of solid advances.
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U.S. blue-chip stocks fell on  Wednesday after Honeywell International Inc. and J.P. Morgan  Chase & Co. disappointed investors with quarterly reports, and  high oil prices rekindled worries about the impact on profit  margins.
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European equities fell in line with losses on Wall Street as technology shares lost ground after Cisco Systems (NASDAQ:CSCO) in the US warned of weak demand.
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U.S. blue chips ended slightly lower  on Wednesday as investors were spooked by a rise in oil prices  and jitters over terrorism, but technology stocks rose as  computer-related companies rallied.
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By JOE BEL BRUNO  NEW YORK - Wall Street fell for a second straight session Tuesday as National Semiconductor Corp. issued a profit warning that sent technology stocks tumbling, and investors awaited results from networker Cisco Systems Inc.
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U.S. blue chips trimmed earlier gains  on Monday after a report showed an unexpected drop in November  construction spending, while a brokerage downgrade of Sun  Microsystems SUNW.O hurt the tech-heavy Nasdaq.
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U.S. shares were seen opening weaker  on Wednesday as oil prices held near $47 a barrel, while a  brokerage downgrade on technology bellwether Cisco Systems Inc.  CSCO.O could hurt technology shares.
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U.S. tech stocks opened lower on  Wednesday, as results from technology bellwether Cisco Systems  Inc. CSCO.O disappointed Wall Street, while investors await  an expected hike in interest rates from the Fed later in the  day.
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U.S. stocks declined on Tuesday, weighed down by losses in the technology sector after microchip maker National Semiconductor Corp.  cut its quarterly revenue forecast.
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Cisco Systems posted solid financial results for its most recent quarter on Wednesday, but the networking giant lowered its financial forecast for the months ahead, citing a slowdown in U.S. and European markets.
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U.S. blue chip stocks were lower on  Friday after a profit warning from aluminum maker Alcoa Inc.   AA.N, but technology stocks edged higher after a judge  rejected a government bid to block a takeover of PeopleSoft  Inc. PSFT.O by Oracle Corp.ORCL.O.
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U.S. shares were expected to start slightly weaker on Tuesday on caution ahead of results from networking gear maker Cisco Systems  which will set the direction for technology stocks.
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U.S. blue-chip stocks were knocked lower on Thursday after Exxon Mobil Corp.  was downgraded by a brokerage, but the technology-dominated Nasdaq index rebounded from Wednesday's sharp decline.
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Blue chips fell on Monday as investors  fretted over higher oil prices and companies warning of lower  earnings, but buying of semiconductor shares helped to reverse  Nasdaq's losses.
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U.S. blue chips closed near the  unchanged mark on Thursday in ultra-light volume, but  technology stocks slipped lower after a broker cut its growth  forecast on the semiconductor industry.
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U.S. blue-chips ended slightly lower  on Wednesday after Honeywell International Inc. HON.N and  J.P. Morgan Chase & Co. JPM.N disappointed investors with  quarterly reports, and high oil prices rekindled worries about  the impact on corporate profit margins.
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Plus: Alcatel outlook weak...Cisco profit climbs...Time Warner lowers earnings target...Electronic Arts lowers outlook.