Investor PM: Blue chips rise, techs retreat

Summary:Technology stocks lost ground Monday as analysts got the jitters ahead of Tuesday's Federal Reserve meeting. The Nasdaq fell 26 points to 2,081.

Technology stocks lost ground Monday as analysts got the jitters ahead of Tuesday's Federal Reserve meeting.

The Nasdaq fell 26 points to 2,081.90, and the Dow Jones industrial average gained 56 points to finish at 10,877.53.

U.S. business inventories fell for the second month, a positive sign for the economy, which has been hampered by an inventory overhang. Full story. --Margaret Kane, ZD Inter@ctive Investor

Topics: Tech Industry

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