US STOCKS-Tech rally, Ukraine deal boost Wall Street

jueves 12 de febrero de 2015 14:29 GYT

* Ceasefire deal reached between Ukraine, Russia

* Cisco shares rally after results; Tesla falls

* TripAdvisor soars on results; Expedia to buy Orbitz

* Indexes up: Dow 0.5 pct, S&P 0.8 pct, Nasdaq 0.9 pct (Updates to afternoon trading)

By Ryan Vlastelica

NEW YORK, Feb 12 (Reuters) - U.S. stocks advanced broadly on Thursday, with a rally in technology stocks leading the Nasdaq to a 15-year high, helping to offset the impact of some tepid economic data.

Sentiment was also boosted by a ceasefire agreement between Russia and Ukraine, which soothed concerns that tensions in the region would prove a further drag on Europe's economy.

The S&P information technology sector rose 1.4 percent in its third straight daily advance. Cisco Systems climbed 9.4 percent to $29.46 in the network equipment maker's biggest one-day jump since May 2013 after reporting earnings and revenue that beat expectations.

TripAdvisor Inc soared 24 percent to $83.35 a day after posting revenue that topped forecasts. Fellow online travel company Expedia jumped 16 percent to $90.99. Earlier, Expedia agreed to buy Orbitz Worldwide for $1.38 billion in cash.   Continuación...