ASSOCIATED PRESS Enlarge
NEW YORK — Stock indexes managed small gains today as an upturn in technology companies outweighed weakness in other parts of the market, including a drop in airlines.
The Dow Jones industrial average rose 31 points, or 0.2 percent, to close at 15,451.
The Standard & Poor’s 500 index rose four points, or 0.3 percent, to 1,694.
The Nasdaq rose 14 points, or 0.4 percent, to 3,684.
Apple led technology stocks higher after activist investor Carl Icahn said he has a large position in Apple and was urging the company to buy back more of its own stock.
Airline stocks slumped after the Justice Department challenged the proposed merger between US Airways and American Airlines.
More stocks fell than rose on the New York Stock Exchange. Volume was lower than average, 3 billion shares.