Tech buying sends US market higher

Technology buying boosted the overall US stock market as investor confidence in the sector seemed to be growing.

Tech buying sends US market higher
Fri, 16 Feb, 2001 - 06:24

Technology buying boosted the overall US stock market as investor confidence in the sector seemed to be growing.

The Nasdaq rose 61.51, or 2.5%, to close at 2,552.91, while the Dow Jones advanced 95.61, or 0.9%, to 10,891.02.

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CourtsPlace: USOrganisation: NasdaqOrganisation: Dow JonesOrganisation: Hewlett-PackardOrganisation: Dell ComputerOrganisation: DowOrganisation: IBMOrganisation: IntelOrganisation: Cisco SystemsOrganisation: Juniper NetworksOrganisation: DellOrganisation: Labour DepartmentOrganisation: New York Stock Exchange
<p>Cork-founded information and communication technologies company PFH Technology has posted turnover of €178.5m, up 18% on the previous year, with operating profits increasing to €19.8m.</p>

Profits rise to €19.8m at Cork-headquartered PFH Technology

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