Investor PM: Tech stocks surge

Summary:Technology stocks shot higher Monday as investors bet that the economic downturn is bottoming out. "Money seems to be moving into Big Tech," said Tim Ghriskey, senior portfolio manager with mutual fund firm Dreyfus.

Technology stocks shot higher Monday as investors bet that the economic downturn is bottoming out.

"Money seems to be moving into Big Tech," said Tim Ghriskey, senior portfolio manager with mutual fund firm Dreyfus.

The Nasdaq composite index rose 106.70 to 2,305.58. The Dow Jones industrial average rose 36.18 to 11,337.92. Full story. --Sergio G. Non, ZD Inter@ctive Investor

Topics: Tech Industry

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