US stocks close higher

Wall Street bounded higher today, lifting the Nasdaq composite index well over 1% after profit reports from Yahoo and Sun Microsystems restored investors’ confidence in the tech sector.

US stocks close higher

Wall Street bounded higher today, lifting the Nasdaq composite index well over 1% after profit reports from Yahoo and Sun Microsystems restored investors’ confidence in the tech sector.

The Dow Jones industrials logged fresh trading and closing highs. Tech stocks have borne most of Wall Street’s concern about the health of corporate earnings in recent weeks.

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