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- AFCEA Answers
- Ask the CIO
- Connected Government: How to Build and Procure Network Services for the Future
- Continuing Diagnostics and Mitigation: Discussion of Progress and Next Steps
- Federal Executive Forum
- Federal Tech Talk
- The Intersection: Where Technology Meets Transformation
- Maximizing ROI Through Data Center Consolidation
- Moving to the Cloud. What's the best approach for me
- Navigating Tough Choices in Government Cloud Computing
- The New Generation of Database
- Satellite Communications: Acquiring SATCOM in Tight Times
- Transformative Technology: Desktop Virtualization in Government
- Value of Health IT
Shows & Panels
S&P 500 reaches new high, led by tech
Monday - 4/29/2013, 9:40pm EDT
NEW YORK (AP) -- Technology companies are leading the stock market higher, pushing the Standard & Poor's 500 index to another record high.
A pair of strong economic reports also encouraged investors Monday. Wages and spending rose in the U.S. last month, and pending home sales hit their highest level in three years.
The S&P 500 closed at 1,593, a fraction above its previous record high reached on April 11. It rose 11 points Monday, or 0.7 percent.
The Dow Jones industrial average closed up 106 points at 14,818, a gain of 0.7 percent.
Major tech companies had the biggest gains in the Dow: Hewlett-Packard, Microsoft and IBM.
Three stocks rose for every one that fell on the New York Stock Exchange. Volume was light at 2.8 billion shares.
Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.