US STOCKS-Techs sink as Google, Microsoft disappoint, Dow up

* Nasdaq down 1.3 pct, Dow up 0.4 pct, S&P up 0.03 pct

* Google, Microsoft slide after earnings disappoint

* Citigroup shares soar on smaller-than-expected loss

(Updates to close)

By Kristina Cooke

NEW YORK, July 18 (Reuters) - Technology stocks fell on Friday and drove the Nasdaq down 1 percent on disappointing earnings from Google (GOOG.O: Quote, Profile, Research, Stock Buzz) and Microsoft(MSFT.O: Quote, Profile, Research, Stock Buzz), while Citigroup's smaller-than-expected loss pushed up the Dow and helped keep the broader market near the unchanged mark.

Nevertheless, the S&P 500 and Nasdaq snapped a six-week losing streak. The Dow snapped four weeks of losses as financial stocks rallied after the U.S. government outlined a plan to shore up mortgage finance companies Fannie Mae (FNM.N: Quote, Profile, Research, Stock Buzz) and Freddie Mac (FRE.N: Quote, Profile, Research, Stock Buzz) and the SEC announced rules to curb short selling.

Reassuring quarterly results from key banks also fed the week's rally, with Citigroup capping a series of closely watched scorecards from Wells Fargo (WFC.N: Quote, Profile, Research, Stock Buzz) and JPMorgan Chase & Co (JPM.N: Quote, Profile, Research, Stock Buzz) that beat analysts' estimates.

On top of that, the biggest weekly drop ever in oil prices also gave investors a renewed appetite for equities.  Continued...