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Technology firms, Cyprus worries push down stocks

The Associated Press

In this March 19. 2013, photo, specialist Joseph Dreyer, left, works with traders on the floor of the New York Stock Exchange. World stock markets stalled Thursday March 21, 2013 as uncertainty mounted over whether Cyprus can stave off bankruptcy after the country's government rejected a plan to contribute to a bailout by seizing money from people's bank accounts. (AP Photo/Richard Drew)

Stocks are falling on Wall Street as weak sales from Oracle and worries about Cyprus' ability to get a bailout weighed on the market.

The Dow Jones industrial average was down 33 points, or 0.2 percent, to 14,478 in midday trading Thursday.

The Standard & Poor's 500 index fell 4 points, or 0.3 percent, to 1,554. The Nasdaq composite index slipped 20 points, or 0.6 percent, to 3,233.

The European Central Bank has threatened to end emergency support of Cyprus' banks next week unless the nation can come up with a plan to avoid bankruptcy.

In the U.S., technology stocks dragged the indexes lower after Oracle reported an unexpected decline in sales in its fiscal third quarter.