Business & Finance
02:07 PM

Tech Stocks: A Green Tuesday

Consumer confidence, according to Washington, rose to its highest level in six months, and the news helped spark a surge Tuesday. Strong demand for new home sales--up 1.7% in April--also helped put the bulls in control. Technology and biotech contributed heavily to Tuesday's gains.

Our InformationWeek 100 rose 3.5%, or 7.98 points, to 236.96. The Nasdaq rose 3.1%, or 46.6 points, to 1,556.69. The Dow Jones rose 2.1%, or 179.97 points, to 8,781.35, and the S&P 500 rose 2%, or 18.26 points, to 951.38. The Nasdaq-100 (QQQ) closed at $29.10, up 3.6%, or $1. Trading of the index stock was a healthy 101 million shares.

Comment  | 
Print  | 
More Insights
Newest First  |  Oldest First  |  Threaded View
Register for InformationWeek Newsletters
White Papers
Current Issue
Top IT Trends to Watch in Financial Services
IT pros at banks, investment houses, insurance companies, and other financial services organizations are focused on a range of issues, from peer-to-peer lending to cybersecurity to performance, agility, and compliance. It all matters.
Twitter Feed
InformationWeek Radio
Archived InformationWeek Radio
Join us for a roundup of the top stories on for the week of October 9, 2016. We'll be talking with the editors and correspondents who brought you the top stories of the week to get the "story behind the story."
Sponsored Live Streaming Video
Everything You've Been Told About Mobility Is Wrong
Attend this video symposium with Sean Wisdom, Global Director of Mobility Solutions, and learn about how you can harness powerful new products to mobilize your business potential.
Flash Poll