NEW YORK (TheStreet) -- The major U.S. equity averages staged a late rally to secure a positive finish Monday, starting the new week with a bounce after another round of mixed quarterly results.
After taking a beating in the previous two sessions in the wake of poor earnings reports from heavyweights like Google (GOOG) and Microsoft (MSFT), the technology sector was a standout, rising nearly 1%.
The Dow Jones Industrial Average added more than 2 points, or 0.02%, to close at 13,346, snapping a two-day losing streak. The blue-chip index, which ran as low as 13,235 earlier in the day, is now up 9.2% so far in 2012.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV