Tech Gains; Dow Up 96

HP, Nokia advance
By Nick McMaster,  Newser Staff
Posted Apr 16, 2009 3:20 PM CDT
Traders work on the floor of the New York Stock Exchange in this undated file photo.   (AP Photo)
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(Newser) – Investors looked past bad news on home construction to signs of economic stabilization and drove broad advances in stocks today, the Wall Street Journal reports. HP rose 5.3% on reports that it’s the top computer seller. Nokia rocketed 11.5% on signs the cell-phone market was picking up again. The Dow closed up 95.81 at 8,125.43. The Nasdaq rose 43.64, to 1,670.44, and the S&P 500 gained 13.24, settling at 865.30.