• Most Popular
  • Most Shared

US STOCKS-Wall St gains, Apple lifts Nasdaq 1 percent

Thu Jul 10, 2008 12:18pm EDT

Stocks

   

(Updates with Nasdaq rising 1 percent)

Stocks  |  Bonds  |  Global Markets

NEW YORK, July 10 (Reuters) - U.S. stocks rose in volatile trading on Thursday as optimism about Apple's (AAPL.O) newest iPhone drove the Nasdaq over 1 percent higher and shares of network carrier AT&T (T.N) led the S&P 500 to a session high.

The Dow Jones industrial average .DJI was up 81.50 points, or 0.73 percent, at 11,228.94. The Standard & Poor's 500 Index .SPX rose 8.95 points, or 0.72 percent, at 1,253.64. The Nasdaq Composite Index .IXIC gained 26.96 points, or 1.21 percent, at 2,261.85. (Reporting by Walter Brandimarte; Editing by Jan Paschal)



More from Reuters

Photo

Personal spending and income rise in November

WASHINGTON (Reuters) - Consumer spending rose for a second straight month in November as incomes recorded their biggest gain in six months, data showed on Wednesday, boosting hopes of a self-sustaining economic recovery.

Malaysians participate in computer attack and defence hacking competition during The 3rd Annual Hack-In-The-Box Security Conference 2004 in Kuala Lumpur on October 6, 2004. REUTERS/Bazuki Muhammad
Commentary:

Year of the breach

Data security breaches are nasty business and should be avoided at all costs, writes Kevin Prince, a chief technology officer at Perimeter e-Security. Here's a look at the biggest breaches and blunders of 2009.  Commentary 

 man walks past a stock quotation board displaying the Nikkei share average outside a brokerage in Tokyo June 1, 2009. REUTERS/Toru Hanai

Running out of options

Bad news for safety-oriented investors: the AAA debt market is shrinking, and what's left will leave many with less diversification and lower returns than they're used to, writes columnist Agnes Crane.  Commentary