Stocks finished mixed Tuesday as techs struggled after a downgrade on Intel. Transports rose following news that that Warren Buffett is buying Burlington Northern railroad. Industrials also gained after this week's encouraging manufacturing reports.

TheDow Jones Industrial Averagelost more than 17 points, or 0.2 percent. TheNasdaqadded 0.4 percent and theS&P 500gained 0.2 percent.

Intel INTCwas the biggest drag on the Dow, down 2.7 percent, after Morgan Stanley downgraded the stock to "equal-weight" from "overweight," and cut the entire industry to "cautious" from "attractive."

The Philadelphia Stock Exchange semiconductor index dropped about 1.3 percent.

Johnson & Johnson JNJfell 1 percent after the health-care products maker announced plans to slash about 7,000 to 8,000 jobs , which amounts to 6 to 7 percent of its workforce.