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Blue Chips Recover Some; Tech Slips

Stock quotes in this article: AAPL , CIT , HR , LEH , MCD , NWA , UAL , UBS  

Updated from 3 p.m. EDT

Blue-chip stocks managed to finish ahead Monday, eking out a marginal recovery following the previous session's giant selloff, but tech shares ended lower.

The Dow Jones Industrial Average, up roughly 120 points earlier, took a dip late in the session before closing up 71 points to 12,280. The S&P 500 clawed its way up to a gain of 1 point at 1362.

The Nasdaq Composite, which was weak for virtually the entire session, dropped 15 points to 2459 amid weakness in big tech names Apple (AAPL Quote) -- which unveiled its new 3G-enabled iPhone today -- as well as Cisco (CSCO Quote) and Google (GOOG Quote). ...

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