NEW YORK (AP) _ Stocks were little changed today as world markets showed more signs of recovery, but investors remained too leery of this week's profit reports to extend Tuesday's rally.

At 3 p.m. on Wall Street, the Dow Jones industrial average was up 17.68 at 7,749.81, having never strayed more than about 40 points in either direction all day.

Most broad-market indicators were also slightly positive after shaking off some early profit-taking on Tuesday's rally.

Technology shares gave back some of the previous day's gains despite a profit report from Intel that beat Wall Street's deflated expectations.

After Tuesday's close, the semiconductor giant reported a $1.74 billion profit for the final three months of 1997, a 9 percent drop from year-earlier levels.

Intel was down 1 1/4 at 75 5/8 as the most active Nasdaq issue today after rising before Tuesday's report.

Advancing issues outnumbered decliners by a nearly 8-to-7 margin on the New York Stock Exchange, where volume came to 473.11 million shares, down slightly from Tuesday's busy pace.

The Standard & Poor's 500-stock index was up 2.49 at 954.61, and the NYSE composite index was up 1.81 at 499.51.

The Nasdaq composite index was up 3.56 at 1,545.19, and the American Stock Exchange composite index was up 0.82 at 656.70.

Overseas, Asian markets showed signs of recovery for the second straight day after a series of sharp selloffs over the past week.

Singapore's stock exchange rose 7.1 percent today while Hong Kong's key index rose 5.8 percent and Tokyo's Nikkei index rose 2.5 percent. In Europe, Frankfurt's DAX index rose 0.7 percent and London's FT-SE 100 rose 0.5 percent.