Mr. Softee Firms Market
After the close on Wednesday, Microsoft
(
MSFT |
Quote |
Chart |
News |
PowerRating)
announced that they would have a 3% gain
in their fourth-quarter earnings. On the news, stocks gapped opened on
Thursday and so far are holding their gains.
Microsoft is trading over $4 higher
in early afternoon trading.
General Electric
(
GE |
Quote |
Chart |
News |
PowerRating), Motorola
(
MOT |
Quote |
Chart |
News |
PowerRating), and Yahoo!
(
YHOO |
Quote |
Chart |
News |
PowerRating)
also had better-than-expected earnings
announcements. This is helping to fuel the rally on top of the Microsoft
momentum. Yahoo! is trading up 80 cents, Motorola is trading up $2,
is trading and GE is trading up $1.65
Technology in general is performing well with the Semis
leading the way —