S&P, Dow pare losses; tech stocks drag down Nasdaq

The S&P 500 financial index rose 0.56 percent, boosted by gains in Berkshire Hathaway and Wells Fargo . Overall S&P 500 earnings are currently expected to fall 0.7 percent in the third quarter, marking the fifth quarter of negative earnings in a row, according to Thomson Reuters data. At 10:57 a.m. ET (1457 GMT), the Dow Jones Industrial Average was down 12.53 points, or 0.07 percent, at 18,116.13.