Stocks bounced back from a steep decline Wednesday, as investors awaited a UN vote on Iraq that could take place by the end of the week.
The Nasdaq gained 7 to 1279, the S&P 500 tacked on 3 to 804, and the Dow climbed 28 to 7552. Volume rose to 1.54 billion shares on the NYSE, and 1.53 billion on the Nasdaq. Decliners led 18-13 on the NYSE, and 16-14 on the Nasdaq. Upside volume was 49% on the NYSE, and 57% on the Nasdaq. New highs-new lows were 42-327 on the NYSE, and 27-143 on the Nasdaq. YouTube - Super kid VS Pit Bull: Battle Of The Death:: cellpadding=0 cellspacing=0>YouTube - Super kid VS Pit Bull: Battle Of The DeathSuper Kid VS Pit Bull let's see who wins. Pit Bull Fight 1 min 12 sec - http://url?q=www.youtube.com/watch%3Fv%3Dv-ih43IXMWQ&sa=X&oi=video_result&resnum=73&ct=thumbnail&usg=AFQjCNENX67DJSAIeNFNoEGusIZejW2-OQ> | |
After the close, Cymer warned. Comverse beat estimates, but announced that its president is stepping down.
During the day, Rambus and Infineon both gained 3% as the industry continued to take sides in their landmark dispute.
Intel rose 2.2% after officially unveiling its wireless platform. Never one to pass up a shot at Intel, AMD unveiled mobile processors.
Broadcom gained 4.5% on an upgrade.
CDW gained 1.3% despite warning.
AOL, off 3%, plans to block pop-ups with AOL 8.0. Yahoo, up 1.2%, is fighting spam.
Oracle, up 3%, is pushing business intelligence.
Red Hat gained 2.2% on strong sales.
Expedia, up 0.7%, is placing more emphasis on hotel reservations.
IBM, down 0.2%, will take over some data centers from BellSouth.
EMC, up 0.6%, is targeting the mid-range market.
HP rose 1% after unveiling a printer services initiative.
And Gartner said the economy and threat of war are depressing PC sales.
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