US Stocks: Wednesday's unofficial close

22 Jul, 2004

Technology stocks sagged on Wednesday, as investors locked in some of the previous session's strong gains, but solid earnings from conglomerate United Technologies Corp and J.P. Morgan Chase & Co underpinned blue chips.
Fears that growth in the economy and corporate profits may be slowing kept investors cautious, analysts said.
The Dow Jones industrial average was up 2 points, or 0.02 percent, at 10,151. The Standard & Poor's 500 Index was down 4 points, or 0.40 percent, at 1,104. The technology-laced Nasdaq Composite Index was down 25 points, or 1.28 percent, at 1,893.

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