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26-04-2012 16:06:00

MARKET SNAPSHOT: U.S. Stocks Rise On Technology Revival

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By Kate Gibson, MarketWatch

NEW YORK (MarketWatch) -- U.S. stocks traveled mostly higher Thursday as an upbeat forecast from Citrix Systems Inc. helped inspire the technology sector's recent revival.

Citrix Systems (CTXS) rallied the hardest among the S&P 500, up nearly 9% after the software maker projected 2012 earnings that beat estimates.

Weighing on sentiment, weekly jobless claims came in virtually unchanged.

The Dow Jones Industrial Average (DJI) rose 18.16 points, or 0.1%, to 13,108.88.

The S&P 500 Index (SPX) fell a point to 1,389.51.

The Nasdaq Composite (RIXF) rose 3.61 points, or 0.1%, to 3,033.24.

Decliners ran just ahead of advancers on the New York Stock Exchange, where 103 million shares traded by 10 a.m. Eastern.

(END) Dow Jones Newswires

April 26, 2012 10:06 ET (14:06 GMT)

Copyright (c) 2012 Dow Jones & Company, Inc.

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