Nasdaq gains on Qualcomm, but Dow, S&P flat
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The Nasdaq rose on Thursday with results from Qualcomm Inc  and other companies creating some optimism about corporate profits, while the broader market was flat amid uncertainty about a stimulus package.
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U.S. stocks moved higher late on  Friday morning in a broad-based advance, as oil prices dipped,  shares of PeopleSoft Inc. PSFT.O boosted the tech-heavy  Nasdaq and data showed that factory activity stayed at a  healthy pace last month.
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U.S. stocks finished little changed on  Thursday, pausing after Wednesday's sharp rally. But after the  closing bell, shares of Intel Corp. INTC.O shot 7 percent  higher as the chip maker raised its revenue target.
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NEW YORK Stocks extended their rally with modest gains yesterday, as Wall Street overlooked climbing oil prices to focus on strong profit results from Lehman Brothers and Sprint&#39;s $35 billion deal to acquire Nextel Communications.
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U.S. blue chips were little changed on  Thursday as a continued drop in oil prices boosted investor  sentiment but the technology-packed Nasdaq was lower after a  brokerage cut its forecast on the semiconductor industry.
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U.S. stocks were flat on Wednesday, held back by lingering concerns about growth and investors' appetite for risk in a choppy market.
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Stocks were little changed Wednesday after two days of gains as rising oil prices muted Wall Street&#39;s reaction to strong results from Lehman Brothers and Sprint&#39;s $35 billion deal for Nextel Communications.
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Stocks rose on Thursday, after government leaders agreed on a plan for tax rebates to stimulate the U.S. economy and a healthy outlook from cell- phone chip maker Qualcomm helped drive the Nasdaq up sharply.
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U.S. stocks opened little changed on  Wednesday, dampened by another rise in oil prices, but a deal  between wireless carriers Sprint Corp. FON.N and Nextel  Communications Inc. NXTL.O worth about $35 billion boosted  Wall Street hopes for more mergers.
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U.S. technology stocks gained on  Thursday after bellwether Nokia raised its earnings forecast,  but blue chips slipped as oil prices climbed almost $2 per  barrel, increasing concerns about future corporate profits.
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Stocks trimmed gains to trade nearly  unchanged on Wednesday as a report showing an unexpected jump  in the U.S. trade deficit overshadowed better-than-expected  earnings from technology bellwether Intel Corp. INTC.O
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US stocks chalked up modest gains on Monday, led by energy and technology companies, helping offset worries about the threat of new turmoil in credit markets.
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US stocks were flat on Tuesday after a strong opening as declines in health insurers offset better-than-expected earnings from tech bellwethers IBM Corp.
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Stocks extended their rally with modest gains Wednesday, as Wall Street overlooked climbing oil prices to focus on strong results from Lehman Brothers and Sprint&#39;s $35 billion deal for Nextel Communications.
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Nasdaq Stock Market Inc , the second-largest U.S. equities exchange, posted a higher quarterly profit on Wednesday, helped by a gain from the sale of its stake in the London Stock Exchange.
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U.S. stocks were little changed on   Thursday as signs of a weakness in housing countered gains in   Apple Computer Inc. AAPL.O, which buoyed the Nasdaq.
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U.S. blue-chip stocks edged higher on Monday, while the S&P 500 and the Nasdaq dipped on Monday as about $77 billion in takeover deals made investors optimistic, but a drop in oil prices hurt energy shares, including Exxon Mobil Corp.