Tech stocks lead market rise

on December 30th, 2009 by rick in Featured

Shares of technology companies have seen as leading the market rise during the six-day win streak.

Data revealed that investor confidence has been improved significantly.

Whereas most of the Dow’s 30 stocks closed with losses, led by Bank of America (BAC) and Chevron (CVX), the rival Nasdaq Composite is much hotter.

The tech market has been benchmarked the index longest winning streak of eight-day stretch.

Tech companies like 3M (MMM) and chipmaker Broadcom (BRCM) were the biggest gainers in their respective markets.

Shares of apple may slip slightly; analysts said it was a technical movement after hitting recent highs.

With its much-anticipated tablet unveiling, the device is expected Apple’s next thing following its iconic products iPod and iPhone.

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