NEW YORK, Sept 30 (Reuters) - U.S. stocks erased their losses in early afternoon trade on Wednesday, with first the Nasdaq turning positive. The S&P 500 and the Dow industrials quickly followed suit, advancing into positive territory.
Cisco was up 1.9 percent at $23.74 and led the Nasdaq's gain, while the S&P Info Technology sector index rose 0.6 percent.
Higher commodity prices also gave a boost to energy and natural resources shares. The front-month U.S. oil futures contract rose $2.98, or more than 4 percent, to $69.69 a barrel.
The Dow Jones industrial average was up 13.46 points, or 0.14 percent, at 9,755.66. The Standard & Poor's 500 Index was up 1.17 points, or 0.11 percent, at 1,061.78. The Nasdaq Composite Index was up 10.40 points, or 0.49 percent, at 2,134.44. (Reporting by Angela Moon; Editing by Jan Paschal)