Updated from 3:30 p.m. EST
Stocks on Wall Street rocked higher and lower Tuesday, as traders weighed encouraging news from several big technology companies against troubles in the financial sector and the automakers' group.
But in the end, the major indices racked up gains. The Dow Jones Industrial Average ended up 151.17 points, or 1.8%, at 8424.75. The S&P 500 gained 8.36 points, or 1%, at 859.11. The Nasdaq tacked on 1.22 points, or about 0.1%, at 1483.27.
Two pieces of news provided an initial lift to technology shares. Computer hardware and software maker Hewlett-Packard (HPQ Quote) was partly responsible, after the company said its fourth-quarter profit would exceed analysts' expectations. Shares of H-P, part of the Dow, rose 14.1% to $33.48. ...
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,464.40 | 1,110.63 | 2,176.05 | 32.79 |
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