Optimism that technology companies could benefit from a massive government stimulus plan sent the Nasdaq more than 1% higher today. Tech stocks posted solid gains Monday despite an industry report detailing falling chip sales. The Semiconductor Industry Association reported that chip sales plunged 22% in December, but with fourth-quarter earnings reports largely out of the way, investors viewed the report as old news and snapped up shares of chipmakers like Intel (NASDAQ…
Читать дальше Microsoft, Intel Lead Tech Stock Rally

Tech stocks continue to be the stock market's one bright spot. Stocks rebounded sharply Wednesday on better than expected results from IBM (NYSE: IBM) and news that CEOs at some of the nation's biggest banks were buying shares in their battered companies. IBM shares rocketed 11.5% on the company's strong earnings report, and Apple (NASDAQ: AAPL) kept the party going after hours when it soared 9% on a much better than expected…
Читать дальше Apple, IBM Lead Stock Market Rebound