This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them.Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.
The tech sector was strong, thanks in part to analyst upgrades of Yahoo, which rose 5.4%.
Our indexes continued their rally Wednesday, in large part because of bargain hunting following last week's losses.
The tech sector was strong, thanks in part to analyst upgrades of Yahoo, which rose 5.4%, or $2.28, to $44.85. Red Hat rose 2.5%, or 44 cents, to $18.37; Intel rose 2.3%, or 63 cents, to $27.79; Cisco rose 1.7%, or 38 cents, to $23.50; Apple rose 1.4%, or 37 cents, to $25.19; and Oracle rose 1.3%, or 15 cents, to $11.85. The Nasdaq-100 tracking stock rose 1.6%, or 55 cents, to $35.50, on volume of 91.5 million shares.
For the day, our InformationWeek 100 rose 2.1%, or 6.64 points, to 319.78; and the Nasdaq index rose 1.7%, or 33.67 points, to 1,976.76. The Dow was up 1.1%, or 115.63, to 10,300.3; and the S&P 500 rose 1.1%, or 13.05 points, to 1,123.75.
We welcome your comments on this topic on our social media channels, or [contact us directly] with questions about the site.
The State of IT & Cybersecurity Operations 2020Download this report from InformationWeek, in partnership with Dark Reading, to learn more about how today's IT operations teams work with cybersecurity operations, what technologies they are using, and how they communicate and share responsibility--or create risk by failing to do so. Get it now!