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Wall St. rises; tech boosted by M&A report

Posted by: Admin | Posted on: March 27th, 2015 | 0 Comments

(Reuters) – U.S. stocks rose modestly on Friday and major indexes snapped a four-day losing streak after late news of merger talks in the semiconductor space helped boost the technology sector.

The Dow Jones industrial average .DJI rose 31.96 points, or 0.18 percent, to 17,710.19, the SP 500 .SPX gained 4.68 points, or 0.23 percent, to 2,060.83 and the Nasdaq Composite .IXIC added 27.86 points, or 0.57 percent, to 4,891.22.

(Reporting By Sinead Carew; Editing by Nick Zieminski)

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