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08-11-2011 03:49 AM

Tech Stocks: Apple, Microsoft, Oracle lead tech rebound
 
By Benjamin Pimentel, MarketWatch SAN FRANCISCO (MarketWatch) — The tech sector rallied Tuesday, reclaiming ground lost to Monday's sharp declines, as shares of Apple Inc., Oracle Corp. and Microsoft Corp. posted solid gains. Oracle /quotes/zigman/76584/quotes/nls/orcl ORCL +3.38% Â*and <a href="http://www.suprasforcheap.com/supra-fashion-shoes-jet-black-p-100.html"><strong>supra fashion shoes jet black</strong></a> Apple /quotes/zigman/68270/quotes/nls/aapl AAPL +3.62% Â* were each up 4%, while Microsoft /quotes/zigman/20493/quotes/nls/msft MSFT +0.74% Â*rose 1.1%. Microsoft <a href="http://www.suprasforcheap.com/women-supra-skytop-fashion-shoes-black-and-green-with-rivets-p-344.html"><strong>women supra skytop fashion shoes black and green with rivets</strong></a> and International Business Machines Corp. /quotes/zigman/230066/quotes/nls/ibm IBM +0.24% , both up a fraction, were among the top gainers on the Dow Jones Industrial Average /quotes/zigman/627449/delayed DJIA +1.05% , which was recently up 150 points. See Market Snapshot for more details on Tuesday's markets. The Nasdaq Composite Index /quotes/zigman/123127 <a href="http://www.cheapnikemaxair.com/nike-air-max-90-c-43.html"><strong>nike air max 90 womens</strong></a> COMP +2.36% Â*was ahead 3% at 2,427, while the Morgan Stanley High Tech 35 Index /quotes/zigman/6015481 MSH +1.99% Â*and the Philadelphia Semiconductor Index /quotes/zigman/1468249 SOX +2.00% Â*were each up more than 2%. Also giving the group a lift were shares of solar-panel wafer manufacturer MEMC Electronic Materials /quotes/zigman/154488/quotes/nls/wfr WFR +14.26% , which jumped nearly 14% to become the top gainer on the S&P 500 Index /quotes/zigman/3870025 SPX +1.62% . The S&P 500 was up 23 points, or 2%. On the downbeat side, shares of AOL Inc. /quotes/zigman/577531/quotes/nls/aol AOL -25.22% Â*tumbled 22% after the online media company <a href="http://zh.818-818.com/blog/blog-html-do-showone-uid-26-type-blog-itemid-175272.htm"><strong>Brand New Authentic Black Prada Hobo Handbag</strong></a> reported a second-quarter loss. Benjamin Pimentel is a MarketWatch reporter based in San Francisco.


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