US stocks advance as tech shares rally

2008-04-10 08:58:53 SINA English

U.S. stocks added to gains on Thursday, helped by an advance in technology shares after J.P. Morgan Securities raised its profit forecasts on tech bellwether Apple Inc.

Adding to the positive mood, Wal-Mart Stores Inc raised its profit forecast.

The Dow Jones industrial average .DJI gained 64.24 points, or 0.51 percent, to 12,591.50. The Standard & Poor's 500 Index .SPX rose 5.79 points, or 0.43 percent, to 1,360.28. The Nasdaq Composite Index .IXIC climbed 29.75 points, or 1.28 percent, to 2,351.87.

(Agencies)