Technology stocks fell Wednesday, dragged down by a weak earnings report from business software maker Oracle Corp. Broad market indexes were flat. The Dow Jones industrial average eked out a gain of 4 points after having been down 104 points at midday. Technology stocks were the issue, with IBM the biggest decliner of the Dow’s 30 stocks. IBM fell 3.1 percent, and Oracle fell 11.7 percent.
The Dow gained 4.16 points, or 0.03 percent, to close at 12,107.74.
The S&P 500 index gained 2.42 points, or 0.19 percent, to 1,243.72.
The Nasdaq composite index fell 25.76, or 1 percent, to 2,577.97.
For the week:
The Dow is up 241.35, or 2 percent.
The S&P 500 index is up 24.06, or 2 percent.
The Nasdaq is up 22.64, or 0.9 percent.
For the year to date:
The Dow is up 530.23 points, or 4.5 percent.
The S&P is down 13.92, or 1.1 percent.
The Nasdaq is down 74.90, or 2.8 percent.
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