Rally in Technology Leads Shares Higher
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Shares finished higher Thursday as investors set aside concerns about downbeat economic reports and focused on Oracleâs strong profits statement.
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The tech-heavy Nasdaq has been climbing recently, spurred by some of the usual suspects, such as Google. But Oracle results and prospects for chip makers also inspired confidence among IT investors this week.
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NEW YORK - Newly optimistic investors sent stocks sharply higher Friday, propelling the Dow Jones industrials 112 points higher, as new economic data showed strength in manufacturing and the departure of PeopleSoft Inc.'s chief executive raised hopes for a merger in the tech sector. The major indexes closed the week with respectable gains...
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Stocks rose at the market open on Tuesday, led by early gains in the biotechnology and computer equipment sectors.
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U.S. stocks rose on Wednesday, bouncing back from Tuesday's slide, as investors scoured the market for beaten-down shares, while Apple Inc.  led technology shares higher on buzz surrounding the expected launch of new iPod products.
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U.S. stocks rose on Wednesday, sending major indexes up more than 1 percent, as technology shares rebounded, while upbeat outlooks and profit reports from companies including Big Lots Inc.  tempered worries about the economy's health.
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Stocks jumped on Tuesday, helped by optimism about the outlook for technology spending and gains in oil prices that lifted energy shares.
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Shares surged on Wall Street on Friday night, pushing the Dow over 100 points higher, as tech stocks rallied and drug giant Merck staged a 1 per cent rebound following its 26 per cent fall on Thursday.
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U.S. stocks rose on Wednesday, rebounding from Tuesday's sharp drop as investors snapped up beaten-down stocks, while Apple Inc.  led technology shares higher on buzz surrounding the expected launch of new iPod products.
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U.S. stocks rose on Friday after  robust results from software maker Oracle Corp   brightened the outlook for technology, helping the Dow and S&P  turn in their best weekly performance since March.
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Wall Street stocks moved higher in early trade on Thursday as technology shares prospered and the market awaited further direction from the US Federal Reserve.
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Stocks rose on Wednesday, led by gains in energy and semi-conductor shares.
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Technology stocks climbed near a  2-month high on Monday, as investors seeing value in a battered  group bought software and semiconductor shares, while higher  crude oil prices limited blue-chip gains.
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Stocks advanced on Tuesday, buoyed by an optimistic outlook for technology shares and gains in oil prices that lifted energy shares.
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Stocks rose on Tuesday, led by gains in technology shares after positive research reports on Apple Inc.  and Yahoo Inc .
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Asian shares rallied on Thursday, with Taiwan jumping more than 3 percent, as technology issues chased a rise in their U.S. peers and investors showed resilience to record oil prices.
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Wall Street rallied on Thursday, led by technology stocks, as IBM, a bellwether for the sector set a bullish earnings tone.