U.S. blue chips hold gains; Nasdaq falters

Newswire

(Updates to midday) By Elizabeth Lazarowitz NEW YORK, Sept 26 (Reuters) - Blue chips clung to gains in midday trade on Thursday, lifted by better-than-expected economic data and a positive forecast from General Motors , but technology stocks lost ground after a dramatic snapback on Wednesday. "Keep in mind, we had a pretty good rally ... It's time to give a little bit of it back," said Tim Smalls, senior equity trader at S.G. Cowen. "There is really no clear vision going forward on ...

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