US technology stocks fell on Wednesday as investors sold off shares of computer chip makers Fairchild Semiconductor and Xilinx after lukewarm comments on sales.
Blue chip stocks pared earlier gains to stand near unchanged, as expectations of a solid jobs report on Friday vied with concerns over record high oil prices. Boeing Co buoyed the Dow after Air New Zealand Ltd said it will spend more than $851 million on 10 Boeing aircraft.
By midday, the technology-focused Nasdaq Composite Index fell 5.29 points, or 0.27 percent, to 1,985.48. The Dow Jones industrial average was up 17.39 points, or 0.17 percent, at 10,220.04. The Standard & Poor's 500 Index was up 0.19 point, or 0.02 percent, at 1,121.39.