Wall Street shares - Higher midday in choppy trade

Share prices were higher in choppy trade as defensive buying in the pharmaceutical sector, gains among technology stocks and tobacco companies helped offset a weak retail sector after Sears issued a third-quarter profit warning, dealers said.

Share prices were higher in choppy trade as defensive buying in the pharmaceutical sector, gains among technology stocks and tobacco companies helped offset a weak retail sector after Sears issued a third-quarter profit warning, dealers said.

Uncertainty over the US position on Iraq ahead of a key presidential address to the nation on the matter was also keeping investors sidelined.

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