20 April 2001, 11:30 US stocks end higher, Nasdaq climbs 5%
New York, April 19 (BridgeNews) - The Nasdaq rose almost 5%, extending
Wednesday's impressive gains, as investors celebrated respectable earnings
from IBM (IBM) and Apple Computer (AAPL), among others. The broader market
also rallied smartly, with strength mainly concentrated in the technology
sector.
The Nasdaq composite index closed up 102.58, or 4.93%, to 2182.02. The Dow
Jones industrial average ended up 77.75, or 0.73%, to 10,693.58 and the
S&P 500 was up 15.53, or 1.25%, to 1253.69.
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