US STOCKS-Nasdaq near all-time high on lift from tech

lunes 13 de abril de 2015 11:58 GYT
 

* Big banks due to report results this week

* Qualcomm rises after investors urge spinoff of unit

* Netflix to raise share authorization in step to split stock

* Indexes up: Dow 0.16 pct, S&P 0.14 pct, Nasdaq 0.48 pct (Adds comment, updates prices)

By Tanya Agrawal

April 13 (Reuters) - U.S. stocks rose on Monday boosted by technology shares, with Facebook and Apple lifting the Nasdaq Composite to near its record high.

Apple shares rose after reports the Apple Watch received about a million orders in its debut. Facebook gained 2 percent in its largest gain in more than three weeks.

Corporate earnings season was poised to kick into high gear with a slew of reports this week.

Big banks, including JPMorgan Chase and Bank of America, are due to report results, providing an expected bright spot in an otherwise gloomy first quarter. Profits of companies on the S&P 500 are projected to have declined 2.9 percent in the first three months from a year ago, according to Thomson Reuters data.   Continuación...