Stocks: Shares rise on National Semiconductor profit
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NEW YORK US stocks were little changed Thursday, recovering earlier losses after an upbeat earnings report from the chip maker National Semiconductor sparked some buying.
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Stocks rebounded from early losses yesterday, closing higher as National Semiconductor Corp.&#39;s better-than-expected earnings soothed investors&#39; concerns over higher unemployment.
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Stocks moved narrowly higher in early trading Monday as investors discounted another technology profit warning and focused instead on positive outlooks for third- and fourth-quarter earnings.
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U.S. stocks rose on Friday as a report showing stronger-than-expected job growth boosted optimism about the outlook for profits.
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Stocks rose on Thursday as forecast-topping results from multinational companies such as IBM and Juniper Networks Inc.  shifted investor focus back to corporate profits and away from subprime mortgage concerns.
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Stocks rallied on Wednesday, led by gains in the tech sector after Cisco Systems Inc.'s  strong profits and outlook reinforced optimism about earnings.
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Wall Street stocks rose Thursday as National Semiconductor Corp.&#39;s strong earnings results soothed investors&#39; worries over higher jobless rate and rising oil prices.
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National Semiconductor Corp.  NSM.N, a maker of chips used to manage power consumption in  electronics, on Thursday said quarterly profit rose, helped by  a one-time gain and a tax benefit, and it forecast a  smaller-than-usual sales decline in the current quarter.
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U.S. stocks rose on Wednesday as a run  of positive company earnings stoked a rally that began in the  previous session, ending four days of declines.
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Stocks rose on Thursday as optimism about tech spending and positive broker comments on companies such as Advanced Micro Devices Inc.  fueled a technology sector advance, offsetting worries about interest rates.
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Stocks extended their rally on Friday, led by technology shares after computer maker Dell Inc.  shot up 8 percent on a higher quarterly profit and an optimistic forecast.
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Stocks rose on Thursday as investors bet on a year-end rally, while talk of a possible merger by telecommunications companies Sprint and Nextel and upbeat earnings from chip maker National Semiconductor Corp.
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U.S. stocks rose in midday trading on   Monday, as gains in Apple Computer Inc. APPL.O and Qualcomm   Inc. QCOM.O lifted the Nasdaq.
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U.S. stocks rose on Wednesday as  positive company earnings helped extend the previous session's  rally and the three major indexes tried to post two consecutive  days of gains for only the second time this year.
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The Nikkei rose 0.38 percent on Tuesday  as another jump in U.S. tech shares lured foreign investors to  their Japanese peers and other exporters such as Honda, while  earnings optimism again buoyed some miners.
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Analog chipmaker National Semiconductor Corp. (NSM.N: Quote, Profile, Research) on Thursday posted better-than-expected quarterly earnings and revenue, as
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Technology stocks jumped on Wednesday after a strong profit and outlook from Cisco Systems Inc.  boosted optimism about corporate profits.