By Benjamin Pimentel, MarketWatch

SAN FRANCISCO (MarketWatch) -- Technology trading was mixed Wednesday as the federal government shutdown entered its second day and the sector recovered from a weak start, aided by gains in social media and chip stocks.

The Nasdaq Composite Index (RIXF) shed 0.1% to close at 3,815, while the Philadelphia Semiconductor Index (SOX) was off a fraction.

BlackBerry(RIMM) bounced back from early losses, rising a fraction to $7.96 a share. The company had disclosed that it expects even bigger restructuring charges and disclosed more serious challenges.

But the stock later reversed course after The Wall Street Journal reported, citing unnamed sources, that Cerberus Capital was interested in making a bid for the company. BlackBerry had announced a $4.7 billion deal with Fairfax Financial Holdings to go private.

Also on the upside, Apple Inc.(AAPL), LinkedIn Corp. (LNKD) and Google Inc. (GOOG) were each up a fraction.

Micron Technology (MU) also saw its stock edge higher by 0.3% to $17.66. A Sterne Agee report on Tuesday pointed to signs of strong demand for mobile DRAM processors, playing down worries of a slowdown.

Shares of Autodesk Inc. (ADSK) also rallied 5.1% to $42.55 after the design-software company announced Wednesday that it was acquiring Graitec's Advance Steel and Advance Concrete product lines.

Subscribe to WSJ: http://online.wsj.com?mod=djnwires

Autodesk (NASDAQ:ADSK)
Historical Stock Chart
From Aug 2024 to Sep 2024 Click Here for more Autodesk Charts.
Autodesk (NASDAQ:ADSK)
Historical Stock Chart
From Sep 2023 to Sep 2024 Click Here for more Autodesk Charts.