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Technology stocks got a boost Tuesday from a number of analyst upgrades.
Chip stocks were one of the strongest sectors on the day, thanks to a 4% gain in shares of Applied Materials on a Bank of America upgrade from neutral to buy on strength in the chip equipment giant's solar power equipment business. Intel benefited from upbeat comments from UBS. Tech Trader Daily - Barrons Online : Climb The Towers: RBC Upgrades :: Jonathan Atkin this morning raised his ratings on telecommunications tower companies Crown Castle (CCI), SBA on technology investing written http://blogs.barrons.com/techtraderdaily/2008/07/03/climb-bc-upgrades-cci-sbac-amt/HOME |
Oracle and AutoDesk gained on Goldman Sachs upgrades.
Seagate was a drag, however, falling 6% after warning of lower than expected sales, weighing on rival Western Digital. Riverside Transit Agency, Riverside, CA:: Board Approves Service Upgrades. Ridership Continues to Climb RTA Testing New Technology on Bus. Agency to Enter Fare Study. Ridership Continues to Climb http://www.riversidetransit.com/board/board_actions.htmHOME | WEST ORLANDO NEWS 2008® - ORLANDOS URBAN CORE| Callahan, Carver Shores :: Black Florida Media Upset with Obama Campaign. Downtown I-4 Upgrades Set to Debut Floridas tech exports climb 8 percent. National Headlines. But, Will it Work? http://thepinehillsnews.com/wp/?m=200606&cat=7HOME |
DivX surged 12% after raising its outlook.
The Dow, meanwhile, posted its eighth straight gain for the first time in four years. better than expected results after the bell from Alcoa could extend that streak, but traders will also have Federal Reserve meeting minutes to contend with Wednesday afternoon. Motor Trends 2007 Sport/Utility Of The Year - Road Test & Review :: as a Jeep or dripping with high-tech luxury like a Range Rover, an SUV boasted the First, fuel prices begin to climb; next, the introduction of the http://www.motortrend.com/oftheyear/suv/112_0612_2007_suv_2007_ford_expedition.htmlHOME | Briefing.com: Factory Orders Climb:: Upgrades/Downgrades. Economic Calendar. Splits Calendar. IPO Calendar. Earnings Calendar Tech (+0.3%) is underperforming the major economic sectors. http://www.briefing.com/GeneralContent/Investor/Active/ArtrticleId=SI20080502100610HOME |
The Nasdaq rose 8 to 2477, the S&P 500 added 4 to 1448, and the Dow gained 4 to 12,573. Volume rose to 2.49 billion shares on the NYSE, and 1.91 billion on the Nasdaq. Advancing issues led by a 20-12 margin on the NYSE, and 16-13 on the Nasdaq. Upside volume was 63% on the NYSE, and 57% on the Nasdaq. New highs-new lows were 269-21 on the NYSE, and 139-50 on the Nasdaq.
Nortel Unveils Vision, Strategy for Israeli High-Performance Net
Busy Friday Leads to Strong Close for Net Stocks
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