Thursday, February 1, 2007

US stocks rise at open on techs, rates view

U.S. stocks rose on Thursday after a key inflation gauge underscored hopes for steady interest rates and technology stocks rose after news that Dell Inc. Chairman Michael Dell would resume his duties as chief executive.

The Dow Jones industrial average was up 17.78 points, or 0.14 percent, at 12,639.47. The Standard & Poor's 500 Index was up 2.24 points, or 0.16 percent, at 1,440.48. The Nasdaq Composite Index was up 9.63 points, or 0.39 percent, at 2,473.56.

Read more at Reuters South Africa

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