At the bell, our InformationWeek 100 index was up a full percent.
Our indexes broke out of the doldrums Wednesday as tech shares proved too attractive for traders. A mild buying spree helped break the markets out of the red, and the Dow had its first positive close in six days.
Motorola rose 3.4%, or 60 cents, to $17.50; Nortel Networks rose 2.5%, or 19 cents, to $7.70; Cisco Systems rose 2.3%, or 53 cents, to $23.58; Apple Computer rose 2%, or 45 cents, to $22.81; Intel rose 1.4%, or 42 cents, to $29.62; and Dell rose 1.4%, or 47 cents, to $33.30. The Nasdaq-100 tracking stock rose 0.6%, or 22 cents, to $36.58, on moderate volume of 71.7 million shares.
At the closing bell, the InformationWeek 100 index was up 1%, or 3.33 points, to 325.82, and the Nasdaq index had gained 0.9%, or 17.54 points, to 2,022.98. The Dow rose 0.3%, or 35.25 points, to 10,601.62, and the S&P 500 rose 0.4%, or 4.58 points, to 1,143.67.
See the full listing of all the companies in the InformationWeek 100 and the top 5 percentage winners and losers for the last closing at informationweek.com/stocks.
5 Top Federal Initiatives For 2015As InformationWeek Government readers were busy firming up their fiscal year 2015 budgets, we asked them to rate more than 30 IT initiatives in terms of importance and current leadership focus. No surprise, among more than 30 options, security is No. 1. After that, things get less predictable.