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Tech Stocks Bounce Back

Stock quotes in this article: ORCL , GE , BIDU , MCD , C , AAPL , GOOG  

Updated from 4:20 p.m. EDT

Tech stocks rebounded and led the broader market higher Friday as traders put the previous day's losses behind them.

The Nasdaq Composite rose 33.48 points, or 1.21%, to 2805.68, and the Dow Jones Industrial Average gained 77.96 points, or 0.56%, to 14,093.08. The S&P 500 added 7.39 points, or 0.48%, to end at 1561.80.

"There was a little of everything for the bulls today, between good economic numbers, M&A coming back into the picture, and corporate earnings," said Peter Cardillo, chief market economist with Avalon Partners. "This has increased momentum buying." ...

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