The Nasdaq fell more than 1 percent on Wednesday, weighed down by technology heavyweight Apple's profit miss, but gains in chipmaker Intel and insurer Travelers kept the Dow in the black and put a floor in the S&P 500.

The Dow Jones industrial average <.DJI> gained 16.12 points, or 0.14 percent, to 11,593.17. The Standard & Poor's 500 Index <.SPX> dropped 4.41 points, or 0.36 percent, to 1,220.97. The Nasdaq Composite Index <.IXIC> dropped 24.17 points, or 0.91 percent, to 2,633.26.

(Editing by Jeffrey Benkoe)

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