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Market Update : 
Rally in Techs, Financials Lifts U.S. Stocks
Author: 123jump.com Staff
123jump.com
Last Update: 10:31 AM EDT May 01 2008

Stocks in financials and technology sector closed sharply higher at close on a rally in the late afternoon. Tech heavy Nasdaq closed up 2.8%, Dow Jones Industrial rose 1.5% and S&P 500 increased 1.7%. Most markets in Asia, Latin America and Europe were closed for trading today. Exxon Mobil led decliners in Dow and American Express led gainers. Of the stocks in S&P 500, 430 closed higher and 70 closed lower, with MBIA leading gainers and JDS Uniphase leading decliners.

 

 

 
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