By Benjamin Pimentel, MarketWatch
SAN FRANCISCO (MarketWatch) -- The tech sector joined a broad
market rally sparked by upbeat employment numbers, with gains in
shares of Intel Corp. and Hewlett-Packard highlighting the
advance.
Intel (INTC) was up 3% and the top gainer on the Dow Jones
Industrial Average (DJI) , which was up 141 points on news the U.S.
unemployment rate has dropped to 7%.
Hewlett-Packard (HPQ) also was up more than 2%, while other
major tech issues posted solid gains, including Cisco Systems(CSCO)
, Google Inc. (GOOG) and Oracle Corp.(ORCL)
The Nasdaq Composite Index (RIXF) gained nearly 1% to 4,061,
turning positive for the week. The Morgan Stanley High Tech 35
Index (MSH) was up 1%, while the Philadelphia Semiconductor Index
(SOX) rose 1.2%.
On the downside, shares of Apple Inc. (AAPL) were down 0.5%,
while Twitter Inc. shed nearly 1%.
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