Friday March 28, 10:15 PM
RIM shares help boost Nasdaq
NEW YORK (Reuters) - The Nasdaq rose more than 1 percent on
Friday, helped by gains in shares of Research In Motion Ltd
after RBC Capital Markets raised its price
target on the BlackBerry maker.
The Nasdaq Composite Index rose more than 1 percent
before cutting some of those gains to be up 22.46 points, or
0.98 percent, at 2,303.29.
The Dow Jones industrial average rose 72.86 points,
or 0.59 percent, at 12,375.32. The Standard & Poor's 500 Index
was up 8.53 points, or 0.64 percent, at 1,334.29.
(Reporting by Kristina Cooke; Editing by James Dalgleish)
|
|
|
