NEW YORK -- Blue-chip stocks scored modest gains today, but the broad market faltered after an early bid at extending the rebound from Friday's steep drop. Dow up 32.96
The Dow Jones industrial average rose 32.96 points to 8,566.61 after swinging from an early 85-point gain to a 30-point loss. The blue-chip index is now about 770 points below the July 17 record of 9,337.97.
On Friday, the Dow finished 77 points lower after rebounding more than 200 points from a 283-point plunge.
Broader stock indicators were mixed today as investors, shaken by Friday's gyrations, used the market's opening bounce to pull some money off the table.
The Standard & Poor's 500 rose 6.96 to 1,088.14, and the technology-heavy Nasdaq composite index fell 6.79 to 1,790.82.
Decliners outnumbered advancers by a 7-to-6 margin on the New York Stock Exchange, with 1,413 up, 1,650 down and 496 unchanged.
NYSE volume totaled 557.23 million shares, down from 723.93 million on Friday.
The NYSE composite index rose 2.90 to 543.72, and the American Stock Exchange composite index fell 2.56 to 649.32.
The Russell 2000 index of smaller companies fell 1.94 to 393.70.
Bonds fell for the first time in four days as the dollar declined against the yen and equity markets stabilized, causing investors to balk at yields near record lows. The 30-year Treasury bond gave back some of Friday's gain, falling 15/32, or $4.69 per $1,000, and pushing the yield up to 5.46 percent. The yen reached 144.20 against the dollar vs. 144.91 on Friday.
Overseas, Tokyo's Nikkei stock average fell 2.0 percent