Investors swapped technology shares for those of financial and manufacturing concerns on the New York stock exchange yesterday, propelling the Dow Jones industrials out of a morning loss but leaving the broader indexes nearly flat.

On Wall Street, the Dow Jones industrial average rose 18.20 points at 9,324.78, after erasing an 83.40-point loss that was tied to an increase in interest rates.

The Standard and Poor's 500 index fell 2.17 at 1,236.16, but the technology-heavy Nasdaq composite index rose 7.15 to 2,295.18.

NYSE volume totalled 690.63 million shares. The NYSE composite index fell 1.03 to 585.43 , and the American Stock Exchange composite index was unchanged at 698.29.