NEW YORK (TheStreet) -- U.S. stock indices were mixed early Wednesday afternoon, impacted by losses in the technology sector.
Support could be found, however, in cease-fire talks between Ukraine and Russia.
The Dow Jones Industrial Average
Advancers were slightly ahead of decliners by a ratio of 1.04 to 1 on the New York Stock Exchange. Decliners had a slight edge over advancers on the Nasdaq by a 1.29 to 1 ratio. Microsoft (MSFT) was also a drag on technology shares, one of the only two sectors in the red; the other being consumer cylicals. 24 of 30 Dow components were in the green.
Ukrainian President Petro Poroshenko announced he and Russian President Vladimir Putin had agreed on a "cease-fire process," correcting an earlier statement that a "permanent cease-fire" had been agreed upon. The Kremlin said the two leaders had "coincided significantly" on possible ways to end the crisis, British Broadcasting Corp. reported.
Read More: European Stocks Rally on Potential Russa/Ukraine Cease-Fire