Share prices gave back early gains yesterday as an early technology-led rally fizzled.

The Dow Jones industrials fell 39.22 points to close at 10,808.15, and the Nasdaq shed 62.54 points to 3,741.22.

The Standard and Poor's 500 dipped 9.69 points to 1,439.08.

The major indexes were in positive territory for most of the day on hopes of lower oil prices and a more stable euro, but saw the gains eaten away progressively and finally evaporate.

One trader said the market could not sustain early gains, as it is "waiting for more news on the earnings front."

Stocks were roiled Friday by an earnings warning from computer chip maker Intel, although they recovered most of their early losses. Still, analysts said some traders remained nervous about how earnings would hold up.

Intel finished down 2-9/16 at 45-3/8, after reaching a high of 507/32.

Texas Instruments fell 4-11/16 at 51-5/16, Micron Technology lost 4-9/16 at 47-1/16, Applied Materials slid 2-9/16 at 67-7/16 and Vitesse Semiconductor shed 1-13/16 at 83-3/16.