US STOCKS-Wall Street climbs in short session, led by tech stocks

Fri Nov 23, 2012 11:42am EST
Email This Article |
Share This Article
  • Facebook
  • LinkedIn
  • Twitter
| Print This Article | Single Page
[-] Text [+]

* Tech shares rise in light volume

* Retailers in focus on busy Black Friday shopping day

* Greece says IMF relaxes debt-cutting target

* Indexes up: Dow 0.9 pct, S&P 0.9 pct, Nasdaq 1.1 pct

By Leah Schnurr

NEW YORK, Nov 23 (Reuters) - U.S. stocks rose for a fifth day during a holiday-shortened, thin trading session on Friday, as investors bid up large technology stocks which had fallen to more attractive levels recently.

Market participants were also encouraged by signs of progress in talks about releasing aid to debt-saddled Greece, and piled into U.S. retail shares as the holiday shopping season got underway.

U.S. equity market trading will end early at 1:00 pm ET (1800 GMT) after closing Thursday for the Thanksgiving holiday. Trading volume was limited, with many investors still on leave.

Shares of big-cap technology companies climbed as investors took advantage of the day's upward momentum to add to positions.   Continued...