Technology stocks looked to close the week on an upbeat note Thursday as most sector leaders rose in what is expected to be a quiet, and shortened, trading session ahead of the Christmas holiday.
Among big-name tech stocks, gains came from Apple Inc. (AAPL), up $4.60 a share to $206.70; Intel Corp. (INTC), which rose 15 cents to $20.25 a share; Hewlett-Packard Co. (HPQ), up 18 cents a share to $52.68; and Cisco Systems Inc. (CSCO), which edged up by 12 cents a
share to $23.91.
The Nasdaq Composite Index climbed more than 10 points to 2279, while the Philadelphia Semiconductor Index rose 1%. The Morgan Stanley High Tech 35 Index also gained ground.
U.S. markets are scheduled for just a half-day of trading and are set to close at 1 p.m. Eastern time for Christmas Eve.
IT sector is expected to move further UP in Indian Markets, as its looking bullish in charts, WIPRO, HCLTECH looking good in coming days for long.
Thursday, December 24, 2009
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