Wall Street pares losses, Nasdaq positive
U.S. stocks pared early losses and the Nasdaq turned positive on Thursday, boosted by gains in biotechnology and chip stocks.
The Dow Jones industrial average <.DJI> dropped 55.66 points, or 0.45 percent, to 12,362.76. The Standard & Poor's 500 Index <.SPX> fell 3.10 points, or 0.24 percent, to 1,274.20. The Nasdaq Composite Index <.IXIC> gained 1.80 points, or 0.07 percent, to 2,650.16.
(Reporting By Chuck Mikolajczak; editing by Jeffrey Benkoe)
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