Byline: EILEEN GLANTON Associated Press
NEW YORK -- Blue-chip issues advanced Wednesday after a closely watched inflation gauge rose less than expected. But technology stocks slumped, dragged lower by industry leaders like Qualcomm and Intel.
Trading was choppy as investors reallocated money from technology stocks to industrial names that have been neglected in recent weeks. Analysts said the choppiness betrayed some confusion about the best way to play the market now that a modest economic slowdown appears to have begun.
``Investors are torn between enthusiasm over how strong the world remains and concern about the fact that things are indeed …
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