More evidence of a slowing economy restrained blue chip stocks on Tuesday, but technology shares managed modest gains on earnings and upgrades.
surged 4% on its second upgrade in two days, this one from UBS, which cited improving pricing.
rose 4% on an 11% gain in sales, and Rackable Systems
climbed on their results.
fell on their earnings reports.
jumped 14% on a partnership with Microsoft
After the close, Baidu
fell after beating estimates but warning.
Weaker than expected consumer confidence and Midwest manufacturing reports weighed on the rest of the market Tuesday, sending the Dow to a modest loss.
The Nasdaq rose 3 to 2366, the S&P 500 was unchanged at 1378, and the Dow slipped 6 to 12,080. Volume rose to 2.72 billion shares on the NYSE, and 1.98 billion on the Nasdaq. Advancers led 16-15 on the NYSE, and decliners led 16-14 on the Nasdaq. Upside volume was 46% on the NYSE, and 56% on the Nasdaq. New highs-new lows were 218-24 on the NYSE, and 163-45 on the Nasdaq.