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US blue chip stocks rose slightly on Wednesday after the previous session's dramatic gains as a report showing lower labour productivity and rising wage costs renewed concerns about inflation and the outlook for interest rates.
Energy companies, including Exxon Mobil Corp and Chevron Corp, were among leaders in the broad Standard & Poor's 500 index on expectations oil prices will remain high, analysts said.
The Dow Jones industrial average was up 12.02 points, or 0.11 percent, at 10,601.26. The Standard & Poor's 500 Index was up 0.82 point, or 0.07 percent, at 1,234.21. And the technology-laced Nasdaq Composite Index was down 0.68 point, or 0.03 percent, at 2,166.18.

Copyright Reuters, 2005

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