The Nasdaq rose in choppy trading on Friday on strong demand for Palm's

Pre smartphone, while the S&P 500 and the Dow industrials dipped as financials' gains only partly offset a fall in energy shares.

The Dow Jones industrial average <.DJI> fell 34.01 points, or 0.40 percent, to close unofficially at 8,438.39. The Standard & Poor's 500 Index <.SPX> shed 1.39 points, or 0.15 percent, to 918.87. The Nasdaq Composite Index <.IXIC> gained 8.68 points, or 0.47 percent, to 1,838.22.

(Reporting by Rodrigo Campos; Editing by Jan Paschal)