SHARE
Facebook X Pinterest WhatsApp

Stocks End The Week With A Bang

Written By
thumbnail
Paul Shread
Paul Shread
Aug 25, 2007

Stocks soared Friday after new home sales and durable orders both came in much stronger than expected, easing fears that the credit market crunch could send the economy into a tailspin.

Tech stocks were led higher by the likes of Apple , Intel , EMC and Oracle .

Dell added 1.8% ahead of its earnings report next Thursday.

Sun , up 1.6%, said it plans to change its ticker symbol to “JAVA” next week.

Mentor Graphics and Brocade rose on their earnings reports, while Marvell and Sonic Solutions fell on their results.

MetroPCS and Leap Wireless gained on merger speculation.

The Nasdaq gained 35 to 2576, the S&P 500 rose 17 to 1479, and the Dow surged 143 to 13,378. Volume declined to 2.52 billion shares on the NYSE, and 1.66 billion on the Nasdaq. Advancing issues led by a 25-7 margin on the NYSE, and 20-9 on the Nasdaq. Upside volume was 84% on the NYSE, and 81% on the Nasdaq. New highs-new lows were 29-55 on the NYSE, and 58-71 on the Nasdaq.

Recommended for you...

U.S. Needs to Protect Tech Leadership: Qualcomm
Rob Enderle
Apr 8, 2022
HP’s ExtendXR Service Gets an Early Lead on a Looming Metaverse Problem
Rob Enderle
Mar 5, 2022
Cisco’s Purpose Is to Improve the World. Imagine if Others Followed.
Rob Enderle
Dec 17, 2021
HP Builds an Advanced Cloud Workstation for the Metaverse
Rob Enderle
Nov 13, 2021
Internet News Logo

InternetNews is a source of industry news and intelligence for IT professionals from all branches of the technology world. InternetNews focuses on helping professionals grow their knowledge base and authority in their field with the top news and trends in Software, IT Management, Networking & Communications, and Small Business.

Property of TechnologyAdvice. © 2025 TechnologyAdvice. All Rights Reserved

Advertiser Disclosure: Some of the products that appear on this site are from companies from which TechnologyAdvice receives compensation. This compensation may impact how and where products appear on this site including, for example, the order in which they appear. TechnologyAdvice does not include all companies or all types of products available in the marketplace.