Nasdaq up on Oracle, broader market flat
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The Nasdaq composite index rose on Thursday as a reassuring profit and outlook from Oracle Corp and a higher earnings forecast from Qualcomm Inc added to optimism about technology stocks.
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The tech-heavy Nasdaq has been climbing recently, spurred by some of the usual suspects, such as Google. But Oracle results and prospects for chip makers also inspired confidence among IT investors this week.
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Shares of software maker Oracle Corp.  rose as much as 8 percent in early trading on Wednesday, a day after the company posted strong quarterly profit fueled by steady demand for its flagship database products.
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U.S. stocks rose, with the Nasdaq turning positive, on Wednesday after the Federal Reserve held rates steady and cited a pickup in economic growth but did not seem to signal a shift in monetary policy for now.
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The Nasdaq Composite stock index rose on Thursday, helped by higher-than-expected sales at coffee chain Starbucks Corp. , while blue-chip stocks were little changed before employment data on Friday.
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Oracle (Nasdaq: ORCL), the world's second-largest software vendor, has beaten Wall Street analysts' expectations with its first-quarter results, due to strong sales of its  database software.
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The Nasdaq rose and the blue-chip Dow   edged up on Wednesday after a government report showed economic   growth, while slowing, remains fairly strong.
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Stocks rose in light trading on Friday before a holiday, as Nasdaq Stock Market Inc.'s  plan to buy a Nordic exchanges company restored enthusiasm about takeover activity.
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Stocks rose soundly on Friday, capping a week of gains for Wall Street, as investors drew confidence from strong results at Oracle and a continued sense that lower interest rates should help the economy.
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Stock index futures pointed higher on Thursday after reassuring results and outlook from business software maker Oracle, though nervousness before investment bank Bear Stearns Co Inc's  results and key data on U.S. economic growth held the advance in check.
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US stocks were set to open slightly higher on Monday, helped by another retreat in oil prices, while business software maker Oracle Corp.
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U.S. stocks rose on Friday after  robust results from software maker Oracle Corp   brightened the outlook for technology, helping the Dow and S&P  turn in their best weekly performance since March.
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U.S. stocks opened flat on Friday,  with higher oil prices and shares of drugmakers weighing on  Wall Street after Thursday's late-session rally.
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U.S. stocks rose on Monday, pushing the Nasdaq up more than 1 percent, as corporate takeover announcements, a rebound in the dollar and lower crude oil prices boosted optimism about the economic outlook.
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Stocks rose on the news that November  retail sales were stronger-than-expected and that Oracle Corp.  ORCL.O would buy rival business software maker PeopleSoft  Inc. PSFT.O in a $10.3 billion deal.
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NEW YORK - Investors shrugged off rising crude futures Wednesday to capture bargain-priced shares, sending the Nasdaq composite index up 2 percent ahead of Google Inc.'s much-anticipated initial public offering of stock. The Dow Jones industrial average rose more than 110 points...
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US stocks opened flat on Friday, with higher oil prices and shares of drugmakers weighing on Wall Street after Thursday&#39;s late-session rally.