Bloomberg News

U.S. Stocks Pare Decline as Technology Rally Offsets Bank Drop

October 13, 2011

Oct. 13 (Bloomberg) -- U.S. stocks pared losses as gains in technology stocks helped offset a decline in banks driven by JPMorgan Chase & Co.’s decline in earnings.

The Standard & Poor’s 500 Index fell 0.2 percent to 1,204.83 at 3:57 p.m. New York time.

To contact the editor responsible for this story: Nick Baker at

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