Rally in Tech and Energy Stocks

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Market Update :

Rally in Tech and Energy Stocks

Author: 123jump.com Staff
123jump.com
Last Update: 5:37 PM EDT May 15 2008

Tech and energy stocks advacned in the session. Cisco, Intel, Yahoo, Apple, Google and Research in Motion closed higher and lifted Nasdaq up 1.4%. Energy stocks gained as well, after crude traded at elevated level. Oil drillers, explorers and services providers closed higher. Metals and mining companies gained on the weakness in dollar and sustained demands from China and other Asian nations.


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