Stocks are showing some weakness during late morning trading on Friday following some earlier uncertainty.

Gold and biotechnology stocks are leading the decline, with the Amex Gold Bugs Index down 3.5 percent and the Amex Biotechnology Index down 2.3 percent.

Meanwhile, computer hardware and wireless stocks are posting notable gains. The Amex Computer Hardware Index and the Amex Wireless Index are up 1.7 percent and 1.5 percent, respectively.

Currently, the Dow is down 77.10 at 7,900.98, the Nasdaq is down 7.44 at 1,595.19, and the S&P 500 is down 6.99 at 827.39.

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