Stocks jump as technology, industrials and banks rally
NEW YORK (AP) — U.S. stocks are climbing Thursday morning as technology companies, banks and industrial companies rally. Companies including Delta Air Lines and BlackRock are rising after they reported strong results in the first quarter. Big technology companies including Apple and Microsoft are making some of the biggest gains.
KEEPING SCORE: The S&P 500 index gained 20 points, or 0.8 percent, to 2,662 as of 11 a.m. Eastern time. The Dow Jones industrial average added 258 points, or 1.1 percent, to 24,448. The Nasdaq composite climbed 69 points, or 1 percent, to 7,138. The Russell 2000 index of smaller-company stocks advanced 9 points, or 0.6 percent, to 1,555.