U.S. techs up on Microsoft; S&P 500 flat

Newswire

(Updates to early afternoon, changes byline) By Elizabeth Lazarowitz NEW YORK, April 23 (Reuters) - Technology stocks rose on Friday, bolstered by strong results from Microsoft Corp. , but investors' jitters about interest rate rises kept the broad Standard & Poor's 500 index flat. Revenue increases at Microsoft that suggested the rebound in technology spending is continuing helped push the Nasdaq Composite Index higher for its third straight day. "The (earnings) numbers have ...

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