US stocks mostly fell on Tuesday as several profit warnings from t he US technology sector raised concerns about a slowdown in the economy. US-listed shares of Research In Motion Ltd fell 5.2 percent to $7.28.
The BlackBerry maker's shareholders elected the company's slate of directors at its annual meeting - the first presided over by new CEO Thorsten Heins, who faces an uphill battle to get the embattled company back on track.
Bank stocks, highly sensitive to developments in the euro zone, erased their earlier gains to trade nearly flat. J. P Morgan Chase & Co shares rose just 0.2 percent to $34.03 after rising as high as $34.45 earlier. But the KBW Bank index dipped 0.1 percent after rising more than 1 percent.
The Dow Jones industrial average rose 10.94 points, or 0.09 percent, to 12,747.23. The Standard & Poor's 500 Index dipped 2.38 points, or 0.18 percent, to 1,350.08. The Nasdaq Composite Index slipped 11.35 points, or 0.39 percent, to 2,920.42.
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