US tech buying triggers market rally

Strength in the technology sector has sent US stocks soaring.

US tech buying triggers market rally
Tue, 04 Dec, 2001 - 23:05

Strength in the technology sector has sent US stocks soaring.

The Dow closed up 129.88, or 1.3%, at 9,893.84, while the Nasdaq was up 58.20, or nearly 3.1%, at 1,963.10.

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CourtsHeathrowPlace: USPlace: FloridaPerson: George W BushPerson: Merrill LynchOrganisation: DowOrganisation: NasdaqOrganisation: CongressOrganisation: Cisco SystemsOrganisation: Hewlett-PackardOrganisation: CienaOrganisation: Home DepotOrganisation: AnnTaylor StoresOrganisation: EnronOrganisation: JP Morgan ChaseOrganisation: CitigroupOrganisation: 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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