XAutoplay: On | Off The stock market traded strongly higher early Monday as technology stocks led the advance. The Nasdaq jumped 1.1%, while the S&P 500 and Dow Jones industrial average rose 0.5% and 0.4%, respectively.
Among the Dow industrials,Apple (AAPL) looked to put an end to its recent declines. The iPhone maker has declined six of the past seven trading sessions. Shares rose over 2%.
Other leaders in early trading includeBoeing (BA), JPMorgan (JPM), DuPont (DD)and Goldman Sachs (GS).All four rose over1%. Airplane maker Boeing added to its recent advance after announcing it had more than 240 orders worth about $30 billion for its new 737 Max 10 jet.
The main laggard in early trading was Wal-Mart Stores (WMT), falling nearly 1%. Shares of the discount retailer plummeted almost 5% on Friday, sinking below the 50-day moving average, after Amazon.com (AMZN) announced it was purchasing Whole Foods Market (WFM).
Within the S&P 500, Micron Technology (MU) and Advanced Micro Devices (AMD) set the pace, advancing about 4% each. Leading chip stocks Broadcom (AVGO) and Applied Materials (AMAT) rose about 2.5% apiece.
On the downside, EQT (EQT) fell 8% after the oil and gas exploration company announced it was acquiring Rice Energy (RICE) for $6.7 billion. Meanwhile, Costco (COST)fell 1.5% after being downgraded to hold by Deutsche Bank.
Clovis Oncology (CLVS) surged 43% after reporting positive trial results for its ovarian cancer drug Rubraca.
Leading stocks surged higher in thestock market today.Chinese e-commerce giant JD.com (JD) advanced over 5%, while rival Alibaba (BABA) rose 3.5%.Meanwhile, all four FANG members rose between1.5% and 2%.
Action in the IBD 50was extremely positive as only one component traded in the red early Monday: Control4 (CTRL)declined 0.1%. On the upside, TAL Education (TAL) jumped 5%, Grubhub (GRUB) rose 4.4%, and YY (YY) traded up 3.5%.
RELATED:
Boeing Snags $30 Billion In Deals For New 737 Max 10 Jet
Activision, EA Touted Post-E3; Costco Cut After Amazon-Whole Foods
Dow Jones industrial average And Dow Stocks: News And Analysis
FANG Stocks News & Quotes: Facebook, Amazon, Netflix, Google
Why This Cancer Drug Specialist Is Up 50% Today
10:00 PM ET Get the latest stock quotes and chart analysis for Tesla, plus Model 3, self-driving cars and other company news.
10:00 PM ET Get the latest stock quotes and chart analysis for Tesla,...
More:
Technology Stocks Surge; Apple Leads Broad-Based Advance - Investor's Business Daily
- Technology Synonyms, Technology Antonyms | Thesaurus.com [Last Updated On: January 7th, 2017] [Originally Added On: January 7th, 2017]
- Information technology - Wikipedia [Last Updated On: January 7th, 2017] [Originally Added On: January 7th, 2017]
- Technology and Electronics Reviews - USATODAY.com [Last Updated On: January 7th, 2017] [Originally Added On: January 7th, 2017]
- Technology Forum - reddit.com [Last Updated On: January 7th, 2017] [Originally Added On: January 7th, 2017]
- Technology: Industries: PwC [Last Updated On: January 22nd, 2017] [Originally Added On: January 22nd, 2017]
- National Education Technology Plan - Office of Educational ... [Last Updated On: January 22nd, 2017] [Originally Added On: January 22nd, 2017]
- Technology News - The New York Times [Last Updated On: January 24th, 2017] [Originally Added On: January 24th, 2017]
- Computer Business Review - Computer Business Review [Last Updated On: January 24th, 2017] [Originally Added On: January 24th, 2017]
- Technology - Pogue's Posts Blog - The New York Times [Last Updated On: February 2nd, 2017] [Originally Added On: February 2nd, 2017]
- What the Tech: Neuro-Bio Monitor Technology - KFDX [Last Updated On: February 7th, 2017] [Originally Added On: February 7th, 2017]
- Globalization failed too many people. Here's the technology that could help it work for everyone - Quartz [Last Updated On: February 7th, 2017] [Originally Added On: February 7th, 2017]
- Bill Nye forecasts next 50 years, says we're at a technological crossroad - Digital Trends [Last Updated On: February 7th, 2017] [Originally Added On: February 7th, 2017]
- Interview with Matt Nix about his new Fox show APB. - Slate - Slate Magazine [Last Updated On: February 7th, 2017] [Originally Added On: February 7th, 2017]
- In This Year's Super Bowl Of Technology, Intel Led The Way With A Sky Full Of Drones - Forbes [Last Updated On: February 7th, 2017] [Originally Added On: February 7th, 2017]
- Learning From Last Year: Technology Funding Outlooks For 2017 - Forbes [Last Updated On: February 7th, 2017] [Originally Added On: February 7th, 2017]
- Ossia hires new CEO to help commercialize its wireless charging technology - GeekWire [Last Updated On: February 7th, 2017] [Originally Added On: February 7th, 2017]
- Microsoft's AI group debuts customizable speech-to-text technology, rapidly expanding 'cognitive services' for ... - GeekWire [Last Updated On: February 7th, 2017] [Originally Added On: February 7th, 2017]
- A flare for self-destruction: How technology is the means, not the cause, of our demise - National Post [Last Updated On: February 7th, 2017] [Originally Added On: February 7th, 2017]
- Broadcaster dangles new technology for Winter Olympics - Reuters [Last Updated On: February 7th, 2017] [Originally Added On: February 7th, 2017]
- These Four Black Women Inventors Reimagined the Technology of the Home - Smithsonian [Last Updated On: February 7th, 2017] [Originally Added On: February 7th, 2017]
- How 3D and Self-Design Will Change Technology - Huffington Post [Last Updated On: February 7th, 2017] [Originally Added On: February 7th, 2017]
- Factory Boss Says Fishing Technology Could Improve Controversial US Border Wall - Voice of America [Last Updated On: February 8th, 2017] [Originally Added On: February 8th, 2017]
- Republicans Aim to Kill Election Technology Standards Agency - Gizmodo [Last Updated On: February 8th, 2017] [Originally Added On: February 8th, 2017]
- Solutions replace technology as the focus at ISE 2017 - Installation International [Last Updated On: February 8th, 2017] [Originally Added On: February 8th, 2017]
- Five Rules That Define The Technology Innovator - Forbes [Last Updated On: February 8th, 2017] [Originally Added On: February 8th, 2017]
- Three Ways That Digital Technology Can Help Chemical Producers - Forbes [Last Updated On: February 8th, 2017] [Originally Added On: February 8th, 2017]
- Cinematographers Deploy Innovative Technology to Create Better Images - Variety [Last Updated On: February 8th, 2017] [Originally Added On: February 8th, 2017]
- How Technology Transforms Dreamers Into Economic Powerhouses - Forbes [Last Updated On: February 8th, 2017] [Originally Added On: February 8th, 2017]
- Coming technology will likely destroy millions of jobs. Is Trump ready? - Washington Post [Last Updated On: February 8th, 2017] [Originally Added On: February 8th, 2017]
- Mysterious $5 Billion Biotech Moderna Hit With Legal Setback Related To Key Technology - Forbes [Last Updated On: February 9th, 2017] [Originally Added On: February 9th, 2017]
- Berlinale: Jury Talks Up Art But Politics and Technology Enter Discussion - Variety [Last Updated On: February 9th, 2017] [Originally Added On: February 9th, 2017]
- Opinion: Harry Boxer's stocks to watch: biotechnology and technology - MarketWatch [Last Updated On: February 9th, 2017] [Originally Added On: February 9th, 2017]
- Nasdaq plans venture arm to invest in financial technology: sources - Reuters [Last Updated On: February 9th, 2017] [Originally Added On: February 9th, 2017]
- A modern-day Rosie the Riveter campaign: Women in technology - The Hill (blog) [Last Updated On: February 9th, 2017] [Originally Added On: February 9th, 2017]
- A growing concern: Technology and transportation - Florida Today [Last Updated On: February 9th, 2017] [Originally Added On: February 9th, 2017]
- Top 10 Mobility Technologies Market by Technology & Geography - Global Forecast to 2022 - Yahoo Finance [Last Updated On: February 9th, 2017] [Originally Added On: February 9th, 2017]
- Volvo melds technology and luxury in the XC90 T8 hybrid - Engadget [Last Updated On: February 9th, 2017] [Originally Added On: February 9th, 2017]
- CEFC warns against risky investment in 'clean coal' technology - The Guardian [Last Updated On: February 10th, 2017] [Originally Added On: February 10th, 2017]
- Scientist calls for industrial scale-up of greenhouse gas-eating microbe technology in UK - Phys.Org [Last Updated On: February 10th, 2017] [Originally Added On: February 10th, 2017]
- Software company introduces game-changing technology for Michigan Realtors - HousingWire [Last Updated On: February 10th, 2017] [Originally Added On: February 10th, 2017]
- New laser technology enables more sensitive gravitational-wave detectors - Phys.Org [Last Updated On: February 10th, 2017] [Originally Added On: February 10th, 2017]
- Why Quotient Technology Inc. Stock Surged 21% Higher on Friday - Fox Business [Last Updated On: February 10th, 2017] [Originally Added On: February 10th, 2017]
- How Technology Is Improving Influencer Marketing (And Can Help Improve Your Brand) - Forbes [Last Updated On: February 10th, 2017] [Originally Added On: February 10th, 2017]
- Hands-on: EVGA's sensor-laden iCX technology revolutionizes ... - PCWorld [Last Updated On: February 10th, 2017] [Originally Added On: February 10th, 2017]
- New Ground Technology uses digital graphics on turf - Golf Channel [Last Updated On: February 11th, 2017] [Originally Added On: February 11th, 2017]
- Facing State System review, Cal U to emphasize science and technology - Pittsburgh Post-Gazette [Last Updated On: February 11th, 2017] [Originally Added On: February 11th, 2017]
- International Game Technology: A Lottery Bet That's Paying Off - Barron's [Last Updated On: February 11th, 2017] [Originally Added On: February 11th, 2017]
- Our seas have become a plastic graveyard - but can technology turn the tide? - Telegraph.co.uk [Last Updated On: February 11th, 2017] [Originally Added On: February 11th, 2017]
- Technology identifying fastest checkout lanes comes to metro - KCCI Des Moines [Last Updated On: February 11th, 2017] [Originally Added On: February 11th, 2017]
- This Technology Could Be a Game-Changer for the Marijuana Industry - Fox Business [Last Updated On: February 11th, 2017] [Originally Added On: February 11th, 2017]
- Editorial: Higher education and technology are job creators, so why is the governor cutting their funding? - STLtoday.com [Last Updated On: February 12th, 2017] [Originally Added On: February 12th, 2017]
- BLAEDC: Entrepreneurs find a technology-friendly home in the Brainerd lakes area - Brainerd Dispatch [Last Updated On: February 12th, 2017] [Originally Added On: February 12th, 2017]
- Small cell technology is large endeavor for state - Crain's Cleveland Business [Last Updated On: February 12th, 2017] [Originally Added On: February 12th, 2017]
- Eye tracking technology will change these 4 domains - The Next Web [Last Updated On: February 12th, 2017] [Originally Added On: February 12th, 2017]
- The technology fixing Britain's parking problem - The Independent [Last Updated On: February 12th, 2017] [Originally Added On: February 12th, 2017]
- Tim Cook: Augmented Reality is as big of a technology as the smartphone - BGR [Last Updated On: February 12th, 2017] [Originally Added On: February 12th, 2017]
- How technology is encouraging society to be stupid - The Next Web [Last Updated On: February 12th, 2017] [Originally Added On: February 12th, 2017]
- IBM Adds Voice Help to Cybercrime-Fighting Watson-Powered Weaponry - Campus Technology [Last Updated On: February 13th, 2017] [Originally Added On: February 13th, 2017]
- Market Higher As 4 Key Steel, Technology Stocks Top Buy Points - Investor's Business Daily [Last Updated On: February 13th, 2017] [Originally Added On: February 13th, 2017]
- A look at North Korea's missile launches and technology - ABC News [Last Updated On: February 13th, 2017] [Originally Added On: February 13th, 2017]
- The CFO Imperative: Next-Gen Technology Drives Cost Optimization - Knowledge@Wharton [Last Updated On: February 13th, 2017] [Originally Added On: February 13th, 2017]
- Technology puts 'touch' into long-distance relationships - Phys.Org [Last Updated On: February 13th, 2017] [Originally Added On: February 13th, 2017]
- A New Angel Investing Platform Connects Deep Technology And Science Startups With Capital - Forbes [Last Updated On: February 13th, 2017] [Originally Added On: February 13th, 2017]
- Formula 1 now capable of 'internet' broadcasts with new technology - autosport.com [Last Updated On: February 14th, 2017] [Originally Added On: February 14th, 2017]
- How dangerous is technology? - OUPblog (blog) [Last Updated On: February 14th, 2017] [Originally Added On: February 14th, 2017]
- Apple's Eddy Cue says technology companies have a responsibility to combat fake news - Recode [Last Updated On: February 14th, 2017] [Originally Added On: February 14th, 2017]
- Valentine's day: what's your secret technology crush? - Naked Security [Last Updated On: February 14th, 2017] [Originally Added On: February 14th, 2017]
- Parents and technology How much is too much? - WGBA-TV [Last Updated On: February 14th, 2017] [Originally Added On: February 14th, 2017]
- Is Magic Leap Lying About Its Acid Trip Technology? - Vanity Fair [Last Updated On: February 14th, 2017] [Originally Added On: February 14th, 2017]
- BYU-Idaho dedicates and showcases new Science and Technology Center - LocalNews8.com [Last Updated On: February 15th, 2017] [Originally Added On: February 15th, 2017]
- Even Indian technology entrepreneurs think they are living in a ... - Quartz [Last Updated On: February 15th, 2017] [Originally Added On: February 15th, 2017]
- 3 tips for regulating our kids' technology use - The Herald-Times (subscription) [Last Updated On: February 15th, 2017] [Originally Added On: February 15th, 2017]
- Don Cunningham column: Technology giveth, and it taketh away - Allentown Morning Call [Last Updated On: February 15th, 2017] [Originally Added On: February 15th, 2017]
- Warren Buffett's Increasing Passion For Apple And Technology - Forbes [Last Updated On: February 15th, 2017] [Originally Added On: February 15th, 2017]
- DNA technology gives new face to decade-old cold case - The San Diego Union-Tribune [Last Updated On: February 15th, 2017] [Originally Added On: February 15th, 2017]
- Can Technology Really Solve China's Healthcare Crisis? - Forbes - Forbes [Last Updated On: February 15th, 2017] [Originally Added On: February 15th, 2017]
- Emerging technology is keyword: Demand for experts in robotics & big data up 50% - Economic Times [Last Updated On: February 16th, 2017] [Originally Added On: February 16th, 2017]
- Five technologies that will change how we live - Financial Times [Last Updated On: February 16th, 2017] [Originally Added On: February 16th, 2017]
- Football League agrees to use goalline technology in Championship - The Guardian [Last Updated On: February 16th, 2017] [Originally Added On: February 16th, 2017]
- Telecom operators navigate three technology transformation options - TechTarget [Last Updated On: February 16th, 2017] [Originally Added On: February 16th, 2017]