Telecom Stocks Give Tech a Push

Stocks in the telecom space do their part to keep the tech sector afloat.
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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) - Get Report

led the group, rising 4.5% to $29.83.

AT&T

(T) - Get Report

was fast on its heels, rising 4.2% to $25.37.

Deutsche Telekom

(DT) - Get Report

, meanwhile, rose 2.2% to $12.60.

Sprint

(S) - Get Report

, 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) - Get Report

rose 4.4% to $99.66.

Nokia

(NOK) - Get Report

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.