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Telecomunicaciones y tecnología

Stocks trim losses on energy and telecoms


    NEW YORK (Reuters) - Stocks trimmed losses with the S&P 500 briefly turning positive in choppy trade on Thursday as gains in energy and telecom shares offset declines in banks amid persistent worries over the recession-hit economy.

    Chevron was the Dow's biggest boost as the price of oil jumped after government data showed a surprise fall in crude inventories last week.

    On the downside, banks dragged as investors fretted over the fate of the sector, while technology shares fell after Dow component Hewlett-Packard gave a disappointing outlook.

    The Dow Jones industrial average was off 18.56 points, or 0.25 percent, to 7,537.07. The Standard & Poor's 500 Index added 0.49 points, or 0.06 percent, to 788.91. The Nasdaq Composite Index was down 4.46 points, or 0.30 percent, at 1,463.51.

    (Reporting by Leah Schnurr; Editing by Leslie Adler)