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US stocks edge mostly lower; tech shines

Monday - 8/19/2013, 12:48pm  ET

In this Friday, Aug. 16, 2013 photo, specialist Jason Notter, left, and trader Edward Curran work on the floor of the New York Stock Exchange. Stock futures are almost at a standstill, Monday, Aug. 19, 2013, as markets await any hint of changes in Fed thinking within the minutes from its July economic policy meeting later this week. (AP Photo/Richard Drew)

NEW YORK (AP) -- Stocks are edging mostly lower in midday trading on Wall Street.

The Dow Jones industrial average was down 14 points, or 0.1 percent, at 15,067 as of noon Eastern Daylight Time Monday.

The Standard & Poor's 500 index was down a point, or 0.1 percent, 1,654.

The Nasdaq composite index rose 15 points, or 0.4 percent, to 3,617.

Technology shares bucked the downward trend and moved higher. Intel rose the most in the Dow after getting an upgrade from analysts at PiperJaffray.

The yield on the 10-year Treasury note edged up to 2.87 percent from 2.85 percent late Friday. A rapid increase in long-term interest rates has been worrying investors.


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