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Dow Ends Day Up 216

Tech leads US stocks broadly higher
By Newser Editors and Wire Services
Posted Mar 21, 2019 3:14 PM CDT
In this March 12, 2019, file photo a handheld device of trader Sal Suarino is reflected in his glasses as he works on the floor of the New York Stock Exchange.   (AP Photo/Richard Drew, File)

(Newser) – The stock market closed broadly higher, led by gains in Apple and other big technology companies, the AP reports. Apple rose 3.7% Thursday. The company has made several product announcements this week and has an event scheduled next Monday where presumably more announcements will be made. Chipmakers also rose. Micron Technology jumped 9.2%. Levi Strauss soared 32% as the storied jeans maker went public for the second time. Biogen plunged 29% after the drugmaker halted a trial of an Alzheimer's treatment. The S&P 500 index rose 30 points, or 1.1%, to 2,854. The Dow Jones Industrial Average climbed 216 points, or 0.8%, to 25,962. The Nasdaq rose 109 points, or 1.4%, to 7,838. (Read more stock market stories.)

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