Tech stocks rally behind Apple, Akamai Shares of
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Tech stocks rally behind Apple, Akamai
Shares of Apple turn from earlier losses as Tim Cook makes rounds
SAN FRANCISCO (MarketWatch) — Tech stocks came to life in late trading Thursday, and much of the sector ended the day with gains, led by advances from Apple Inc., Akamai Technologies Inc., Zynga Inc. and Netflix Inc.
The Nasdaq Composite Index (NASDAQ:COMP) , which stumbled early, rose more than 15 points to close at 2,989. The Philadelphia Semiconductor Index (NPI:SOX) rose 1.%and the Morgan Stanley High-Tech Index (NAR:MSH) gained 0.8% on the day.
Apple (NASDAQ:AAPL) shares rose 1.6% to close at $547.24 after dropping more than 2% early in the day’s action. The stock had been stuck in a three-day downspin on a variety of factors — and remains about 8% from its opening price this week. http://www.marketwatch.com/story/apple-akamai...atest_news
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