Stock Market Today: Stocks Gain as Apple, Twitter Surge

NEW YORK (TheStreet) -- U.S. stock indices picked up some momentum in the final hour of trading to finish positive Wednesday, bolstered by the information technology sector, specifically stocks such as Apple (AAPL) Yahoo! (YHOO) and a handful of social media issues led by Twitter (TWTR) .

The Dow Jones Industrial Average gained 0.32% to close at 17,068.71. The S&P 500 tacked on 0.36% to finish at 1,995.69. The Nasdaq increased 0.75% to 4,586.52.

Watch the video below for a closer look at how U.S. markets ended the trading day Wednesday:


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Apple popped 3.07% to $101 a day after its new product launches. Twitter jumped 4.54% to $52.91 after UBS upgraded the stock to "buy." Facebook (FB)   increased 0.99% to $77.43. LinkedIn (LNKD) advanced 0.99% to $231. Yahoo! gained 0.88% to $41.14 on bullish Alibaba news; the Chinese e-commerce giant has received enough orders for its initial public offering to cover the entire deal within just two days of its launch, people familiar with the IPO process told Reuters on Wednesday.

The S&P 500 Information Technology Sector rose 0.84%.

The consumer discretionary sector also was higher, stoked by deal news and headlines highlighting Target's (TGT) ambitious revival plans. Dollar General (DG) on Wednesday went hostile in its bid to buy rival Family Dollar Stores (FDO) . Dollar General took its offer directly to Family Dollar shareholders, launching a tender to buy Family Dollar at $80 a share. Family Dollar edged up 0.2% to $78.86. Dollar General rose 0.44% to $63.70.

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