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Friday, 16 May 2008 06:25 AM EET
 
 
 

US Indexes End Higher on Technology's Advance

 
Posted 05 January 2007 @ 07:50 am EET
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NEW YORK (AP) - U.S. stocks rose on Thursday as investors snapped up technology shares following a broker's positive comments on chip maker Intel Corp. But a sell-off in shares of big energy companies such as Exxon Mobil Corp. limited the advance of both the Dow Jones industrial aveage and the S&P 500, along with disappointing sales from some key retailers, including BJ's Wholesale Club Inc.

The Dow Jones industrial average inched up 6.17 points, or 0.05 percent, to end unofficially at 12,480.69. The Standard & Poor's 500 Index rose 1.74 points, or 0.12 percent, for an unofficial finish at 1,418.34. The Nasdaq Composite Index climbed 30.27 points, or 1.25 percent, to finish unofficially at 2,453.43.

Copyright 2006 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
 
 
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