Friday, July 6, 2007

Nasdaq rises on Apple, economic data

(Reuters) - The Nasdaq Composite rose on Thursday as technology shares benefited from stronger-than-expected economic data and Apple Inc. shot to a record on expectations of strong sales momentum for its iPhone.

But rising bond yields were a damper on the broader market, leaving the Dow industrials and S&P 500 barely changed on the day.


Read more at Reuters Africa

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