iPhone mania lifted Apple’s Intel Synchronoss Yahoo Adaptec Perficient Solid results from Alcoa The Nasdaq rose 15 to 2459, the S&P 500 climbed 3 to 1414, and the Dow gained 25 to 12,442. Volume declined to 2.7 billion shares on the NYSE, and rose to 2.34 billion on the Nasdaq. Advancers led by a few issues on the NYSE, and 15-14 on the Nasdaq. Upside volume was 57% on the NYSE, and 73% on the Nasdaq. New highs-new lows were 149-25 on the NYSE, and 93-66 on the Nasdaq. shares to their second straight all-time high Wednesday, boosting technology stocks and helping the broader market overcome early weakness.
rose 2% on news that it will supply chips for Apple TV, but the chip giant told Reuters it won’t supply chips for the iPhone.
soared 16% on news that its software will be used by Cingular for the iPhone.
gained 4% on a video distribution deal.
fell on a drop in business from IBM
.
gained on its outlook, while J2 Global
and Ramtron
fell on warnings.
kicked off earnings season on an upbeat note and lifted the broader market.
Stocks Ride Apple’s Coattails
