The Nasdaq rose in choppy trading on Friday on strong demand for Palm's Presmartphone, while the S&P 500 and the Dow industrials dipped as financials' gains only partly offset a
fall in energy shares.


The Dow Jones industrial average fell 34.01 points, or 0.40 per cent, to close unofficially at 8,438.39. The Standard & Poor's 500 Index shed 1.39 points, or 0.15 per cent, to 918.87. The Nasdaq Composite Index gained 8.68 points, or 0.47 per cent, to 1,838.22.