NEW YORK: US technology stocks fell on Friday after the world's largest chipmaker, Intel Corp, raised its second-quarter outlook by less than some investors had hoped, but gains in General Motors Corp pushed the blue-chip Dow slightly higher.
General Motors jumped 8%, or US$2.70 to US$34.51, after the United Auto Workers union said it supported negotiations with the world's largest automaker to help cut its massive health-care costs.
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