Wall Street ends higher on Apple, RIM
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Stocks rallied on Tuesday as Apple's strong profit and a Chinese distribution deal for BlackBerry maker Research in Motion suggested the sector is the place to hide from a slowing U.S. economy.
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Stocks climbed on Tuesday after favorable research reports on Apple Inc.  and Yahoo Inc  sparked a rally in technology shares.
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Wall Street apparently has rewarded Apple (Nasdaq: AAPL), both for its fiscal 2004 fourth-quarter numbers and for its latest iPod and iTunes offerings: Apple's share price as of midday Thursday is just over US&#36;50, its highest price in four years, and almost &#36;12 higher than its average share price the previous month.
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U.S. stocks rose on Wednesday, rebounding from Tuesday's sharp drop as investors snapped up beaten-down stocks, while Apple Inc.  led technology shares higher on buzz surrounding the expected launch of new iPod products.
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Technology stocks ended higher on Thursday after mobile phone maker Nokia raised its earnings forecast, but blue chips closed fell as oil prices climbed almost $2 a barrel, increasing concerns about future corporate profits.
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Stocks ended higher in a holiday-shortened session on Tuesday, helped by news that Apple Inc.  could see higher-than-expected profit margins from its iPhone and data showing a rise in factory orders.
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U.S. stocks ended marginally higher on Tuesday after oil prices pulled back from a session high near $60 a barrel, offsetting a sell-off in the tech sector after National Semiconductor Corp. lowered its outlook.
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U.S. blue chips closed higher on  Thursday, helped by gains in Johnson & Johnson JNJ.N after  its move to buy Guidant Corp. GDT.N, but Goldman Sachs Group  Inc. GS.N dragged the S&P 500 down having posted quarterly  revenues that disappointed Wall Street.
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U.S. stocks ended higher on Monday, as  worry about fuel costs crunching corporate profits eased when  crude oil prices retreated from record highs.
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Stocks closed higher on Thursday after a Wall Street analyst said brokerage shares were undervalued and McDonald's Corp. raised its annual dividend by 50 percent.
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The Nasdaq composite index briefly rose 1 percent, led by gains in Apple Inc.  before it reports its earnings later on Monday. The Dow industrials and S&P 500 index reversed course to advance.
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Wall Street stocks were set for a higher start on Friday after strong results from Research in Motion (NASDAQ:RIMM) looked set to lift the technology sector and on reports that Merrill Lynch may get a multi-billion dollar capital infusion from Singapore.
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The blue-chip Dow average ended  slightly higher on Monday and the tech-driven Nasdaq also  gained as declining crude-oil prices made equities aside from  energy names attractive.
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U.S. stocks ended higher on Wednesday  for the second straight session, lifted by better-than-expected  earnings from companies such as Texas Instruments Inc. TXN.N  and a retreat in crude oil prices.
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U.S. stocks ended higher on Thursday following news Bank of America  is in advanced talks to buy struggling mortgage lender Countrywide Financial Corp .
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Stock futures pointed to a higher  market opening on Tuesday, with strong earnings by Apple Inc.   and American Express Co  easing worries that  consumers were curbing their spending.
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U.S. stocks ended higher on Thursday  as investors hoping for a year-end rally bought shares.