Nasdaq turns positive; Dow, S&P 500 cut losses : US Business

NEW YORK (Reuters) - The Nasdaq turned positive in mid-morning trading on Friday, led by gains in Microsoft and Research in Motion .

Video game maker Activision Inc's stronger-than-expected profit was another boost for the technology sector, along with upbeat broker comments on graphics company Nvidia Corp .

By 11 a.m. (1500 GMT), the Nasdaq Composite Index <.IXIC>was up 0.17 points, or 0.01 percent, at 2,451.41.

Meanwhile, the Dow and the S&P 500 cut losses. The Dow Jones industrial average <.DJI> was down 84.26 points, or 0.65 percent, at 12,782.52. The Standard & Poor's 500 Index <.SPX>was down 6.50 points, or 0.47 percent, at 1,391.18.

(Reporting by Kristina Cooke; Editing by James Dalgleish)

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