By Benjamin Pimentel
The tech sector edged higher Thursday, led by Apple Inc. and
chip companies, pushing the Nasdaq Composite Index back above the
2,000 mark.
After a shaky start, the Nasdaq (RIXF) gained 0.6% to 2,011,
aided by gains from Palm Inc. (PALM) which were up more than
4%.
Also aiding the rally were shares of Apple Inc. (AAPL) and Dell
Inc. (DELL).
The chip sector also pitched in, as the Philadelphia
Semiconductor Index (SOX) rose 1.4% on gains from Texas Instruments
Inc. (TXN), Advanced Micro Devices (AMD) and Nvidia Corp.
(NVDA).
Meanwhile, Amazon.com (AMZN) struggled in negative territory,
its shares down more than 1%.
Also in the red were shares of SanDisk Corp. (SNDK) and Oracle
Corp. (ORCL)