Techs pace early stock advanceAMD investment, Cisco buyback contribute to early gains; Dow moves forward.NEW YORK (CNNMoney.com) -- U.S. stocks got a lift at Friday's open from some developments in the tech sector, particularly an investment in Advanced Micro Devices and a Cisco Systems buyback plan. The Dow Jones industrial average rose 0.6 percent. The Nasdaq composite index was 0.5 percent higher. The Standard & Poor's 500 index gained 0.6 percent. Among stocks in the news: Advanced Micro Devices (Charts, Fortune 500), Cisco Systems (Charts, Fortune 500), AnnTaylor Stores (Charts), J.M. Smucker (Charts), FedEx (Charts, Fortune 500) and Jack In The Box (Charts). |
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