Blue chips rally, but techs tumble

Stocks close mixed on volatile oil prices and a mixed bag of earnings. The Dow finishes up 50 points, but techs end sharply lower. Paste this link into your favorite RSS desktop reader Issue #1 on CNN — This week, 12pm ET NEW YORK (CNNMoney.com) -- Wall Street was erratic throughout the day Friday, with blue chips rallying late on more encouraging financial sector news, after volatile oil prices sent shares lower early in the day. Techs, however, couldn't shake losses after a number of disappointing quarterly results. That sent the tech-heavy Nasdaq composite down 1.3% Friday. The Dow Jones industrial average rose 50 points to close the day 0.4% higher. Stocks rallied for the third straight day, after gaining more than 200 points in the previous two sessions. The broader Standard & Poor's 500 index finished just a fraction of... [read full story]