Our Terms of Service and Privacy Policy have changed.

By continuing to use this site, you are agreeing to the new Privacy Policy and Terms of Service.

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
The iPhone through the years The iPhone has evolved significantly throughout its history. Here's a look at how the iPhone has developed over the years. More
10 logo changes that drove people crazy When companies change logos, the backlash is often fierce. More
Hottest new Star Wars toys unveiled BB-8 can now be yours. So can interactive Furbacca, Yoda, a three-pronged lightsaber and other toys from the Star Wars movie. More