Stocks march forward at open

Technology developments lift markets as trading begins.

Subscribe to Markets
google my aol my msn my yahoo! netvibes
Paste this link into your favorite RSS desktop reader
See all CNNMoney.com RSS FEEDS (close)

NEW YORK (CNNMoney.com) -- Stocks rose at the start of trading Thursday, with investors taking heart from developments in the tech sector.

The Dow Jones industrial average rose 0.3%. The Nasdaq composite index gained 0.7%. The Standard & Poor's 500 index was 0.3% higher.

In the news Thursday:

Cisco Systems: Citigroup upgraded the biggest U.S. maker of computer-networking equipment to "Buy' from '"Hold." Stock (CSCO, Fortune 500)

Research in Motion: The BlackBerry maker raised its outlook for fourth-quarter subscriber additions by about 15% to 20%, citing the popularity of smartphones throughout the holiday selling season. Stock (RIMM)

Google: The company will begin storing the medical records of a few thousand people as it tests a long-awaited health service that's likely to raise more concerns about the volume of sensitive information entrusted to the Internet search leader. Stock (GOOG, Fortune 500)

J.C. Penney: The department store retailer said its fourth-quarter profit fell 10% due to a shorter quarter. Stock (JCP, Fortune 500)

British Airways: Passengers face the prospect of major disruptions after the airline's pilots voted for strike action that could effectively ground the airline worldwide. Stock (BAIRY)

Jobless claims: The number of newly laid off workers filing claims for unemployment benefits fell last week, but the larger-than-expected drop was seen as only a temporary improvement. To top of page

Photo Galleries
10 most expensive cars sold at Pebble Beach These multi-million-dollar cars sold for top dollar at this year's Pebble Beach collector car auctions. More
The world's most popular beer is ... Few people outside China have ever tasted the top-selling brew in the world. More
Transformations on the street On his days off, stylist Mark Bustos gives free haircuts to the homeless. Here are some of the transformations. More
Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer Morningstar: © 2014 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2014 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2014. All rights reserved. Most stock quote data provided by BATS.
Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer Morningstar: © 2014 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2014 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2014. All rights reserved. Most stock quote data provided by BATS.