Stocks Finish Mixed Amid Inflation Fears

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U.S. stocks finished mixed after a strong showing by some technology stocks failed to overcome inflation fears.


Technology companies such as Apple Computer Inc. rallied the Nasdaq Composite Index to a gain of 9.75, or 0.5 percent, to 2,047.22. But the Standard & Poor’s 500 Index fell 0.84, or 0.1 percent, to 1176.84 and the Dow Jones Industrial Average fell 0.32 to 10,216.59.


Local movers included Herbalife Ltd., up 7.1 percent to $27.21, and MannKind Corp., up 6.8 percent to $11.85 on new analyst coverage. Denim wear maker True Religion Apparel Inc. fell 10.5 percent to $12.36 on a downgrade.


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