Tech Stocks Rally; Dow Up 175

Stronger demand for 7-year Treasury debt
By Nick McMaster,  Newser Staff
Posted Mar 26, 2009 3:16 PM CDT
Tech Stocks Rally; Dow Up 175
A trader uses two phones as he works on the floor of the New York Stock Exchange today.   (AP Photo)

(Newser) – Stocks rallied today, led by advances in the tech sector, the Wall Street Journal reports. Intel and Hewlett-Packard jumped after Best Buy posted a 12% sales increase. Investors were also reassured by strong demand for 7-year Treasury debt, after weak results in yesterday’s 5-year auction. The Dow closed up 174.75 at 7,924.56. The Nasdaq rose 58.05 to close at 1,587.00, and the S&P 500 gained 18.98, settling at 832.86. (Read more Dow Jones stories.)

We use cookies. By Clicking "OK" or any content on this site, you agree to allow cookies to be placed. Read more in our privacy policy.
Get the news faster.
Tap to install our app.
X
Install the Newser News app
in two easy steps:
1. Tap in your navigation bar.
2. Tap to Add to Home Screen.

X