Updated from 3:05 p.m. EDT

In the spirit of "every little bit helps," stocks in the telecom space did their part Tuesday to keep the tech sector afloat.

Verizon ( VZ) led the group, rising 4.5% to $29.83. AT&T ( T) was fast on its heels, rising 4.2% to $25.37. Deutsche Telekom ( DT), meanwhile, rose 2.2% to $12.60. Sprint ( S), after spending most of the day stuck firmly in the red following a downgrade at Wachovia, rallied 1.4% to $3.62.

Gearmakers also marked solid gains. Motorola ( MOT) rose 6.6% to $3.89. Research In Motion ( RIMM) climbed 6.4% to $41.66. Palm ( PALM) was up 5.3% to $8.14. iPhone maker Apple ( AAPL) rose 4.4% to $99.66. Nokia ( NOK) shares spent most of the day in the red after the firm announced 1,700 more layoffs, but ultimately rose 1.2% to $11.48.

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