Tech Stocks Withstand Downgrades as Blue Chips Wilt
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US stocks ended mixed today as only the tech-heavy Nasdaq managed to make gains in the face of higher crude oil prices and a rash of broker downgrades targeting some high-profile Dow shares.
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U.S. blue-chip stocks slid lower on Thursday, pulled down by industrial bellwether Caterpillar Inc. , but technology shares remained higher after eBay Inc.  posted strong earnings.
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U.S. blue chip stocks rose on  Wednesday, helped by drugmaker Merck & Co. Inc. MRK.N, but  technology stocks fell as results from technology bellwether  Cisco Systems Inc. CSCO.O disappointed Wall Street.
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U.S. blue-chip stocks slipped on>  Wednesday as disappointing reports from companies such as  Honeywell International Inc. HON.N and J.P. Morgan Chase &  Co. JPM.N weighed on the market.
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U.S. tech stocks fell on Wednesday  after chip maker Xilinx Inc. XLNX.O cut its revenue outlook,  while airline stocks took a beating after No. 3 U.S. carrier  Delta Air Lines Inc. DAL.N cut fares.
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U.S. blue-chip stocks ended lower on  Wednesday as Honeywell International Inc. HON.N and J.P.  Morgan Chase & Co. JPM.N disappointed investors with  quarterly reports, while oil prices lurching back to $55 a  barrel rekindled worries about corporate energy costs.
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U.S. blue-chip stocks edged higher on Monday helped by about $77 billion in takeover deals, but the S&P 500 faltered as a drop in oil prices hurt energy stocks and the Nasdaq fell as investors grew worried about the sustainability of technology profits.
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Stocks seesawed in afternoon trade Thursday, with blue chips struggling to maintain their gains while techs edged lower following warnings from Google.
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U.S. blue chips opened lower on  Thursday, while tech shares were headed higher after Apple  Computer Inc. AAPL.O posted stellar financial results after  Wednesday's session.
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U.S. blue chips opened slightly higher  on Wednesday, but tech stocks were weaker, hurt by microchip  maker Xilinx Inc. XLNX.O lowering its revenue guidance, while  investors remained concerned about rising interest rates.
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Stocks fell on Friday after liquidity trouble at a UK mortgage lender put financial stocks back in the hot seat, while downgrades of Intel Corp  and American Express Co  weighed down blue chips.
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U.S. blue chips rose on Wednesday  after American International Group AIG.N hiked its dividend  and crude oil prices edged down, but advances in technology  shares were limited by weakness in chip stocks.
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US blue chip stocks rose on Wednesday, helped by drugmaker Merck &amp; Co. Inc. (MRK), but technology stocks fell as results from technology bellwether Cisco Systems Inc.
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U.S. blue-chip stocks were knocked  lower on Thursday after Exxon Mobil Corp. XOM.N was  downgraded by a brokerage, but the technology-dominated Nasdaq  index rebounded from Wednesday's sharp decline.
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U.S. blue chips were little changed on  Thursday as a continued drop in oil prices boosted investor  sentiment but the technology-packed Nasdaq was lower after a  brokerage cut its forecast on the semiconductor industry.
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NEW YORK - Investors wary of an uninspiring employment report and Intel Corp.'s weak profit outlook sent stocks lower Friday. The major indexes were poised to end the week mixed, with tech stocks taking the brunt of investor discontent...
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NEW YORK - Stocks were mixed Wednesday as a lower reading on manufacturing activity and rising oil prices chilled an early spate of bargain hunting, sending blue chips lower. Technology shares made a modest advance despite brokerage downgrades of two semiconductor companies...