Apple, other personal computer and hardware stocks surge in late trading

“The largest PC and hardware stocks saw their shares surge in late trading Tuesday amid a broad market rally spurred on by signs that credit markets could be improving. Among PC stocks, the shares of Apple Inc. (AAPL: 97.70, +5.61, +6.1%) , Hewlett-Packard Co. (HPQ: 33.66, +2.48, +8.0%) and Dell Inc. (DELL: 12.68, +0.94, +8.0%) were all up more than 4%,” Rex Crum reports for MarketWatch.

“The tech-heavy Nasdaq Composite Index ($COMPQ: 1,602.11, +96.21, +6.4%) rose more than 62 points, or 4%, to 1,568,” Crum reports.

Full article here.

8 Comments

  1. @ABQ Peter
    “so why, pray tell, did dell go up more than apple? what can possibly be the upside there?”

    Michael Dell probably purchased his own company’s shares, believing they’re quite the bargin. ” width=”19″ height=”19″ alt=”smile” style=”border:0;” />

  2. Just a crest before the fall in the morning.
    Market manipulation is king right now.
    The Market Drivers are so stormy it doesn’t take much to spark a sell-off in the market.

    Someone will short Dell or it will have some profit taking tomorrow at some point and drive a sell off in the entire tech sector and then it would be a good time to buy some Apple Stock when the tech sector hits it’s daily bottom tomorrow from the sector sell off frenzy that is likely to happen.

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