US tech stocks rise, earnings remain in focus

Newswire

(Updates to open) NEW YORK, April 23 (Reuters) - U.S. tech stocks rose on Friday as investors welcomed higher revenue at Microsoft Corp. . But the broader market remains closed to unchanged even after strong earnings from industry leaders early Friday. Commerce Department data also showed orders for long-lasting durable goods surged in March, a sign the economy's recovery remains on track, as U.S. factories sought to keep up with unexpectedly strong demand for a broad array of products. ...

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