Technology drives up US stocks



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Technology is behind the rise in US stocks The news channel, citing the daily Al-Watan, is the technology sector that is driving the rise in US stocks.

The US Nasdaq hit a record high on Tuesday, Google's parent company Alphabit, advancing after strong quarterly results that boosted shares in other technology companies.

The Dow Jones Industrial Average <.DJI> increased by 48.14 points, or 0.19%, to 2,509.43. The Standard & Poor's 500 Index gained 13.70 points, or 0.49%, to 2,820.68. The Nasdaq composite index <.IXIC> was up 72.48 points, or 0.92%, to 7,914.35.

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Source: Citizen Journal

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