Independent, Fee-Only Financial Advisor

Independent, Fee-Only Financial Advisor

Thursday, March 24, 2011

Thursday

Stocks gained today as encouraging earnings and outlooks issued by technology companies helped investors look past the European sovereign-debt crisis. Boosting technology stocks, Micron Technology climbed 8.4% after reporting a better-than-expected 15% jump in fiscal second-quarter revenue. Among blue-chip stocks, AT&T rose 1.4% after Bernstein upgraded the stock to "outperform" from "market perform" and raised its price target, saying its proposed acquisition of T-Mobile USA would make it a "truly wireless-first carrier." DJIA +84.54 Nasdaq +38.12 S&P 500 +12.12.