Thursday, December 29, 2011

Intel (INTC) (HPQ) (MSFT) (Dell) Pushing Tech Up

Intel (NASDAQ:INTC), Hewlett-Packard (NYSE:HPQ), Microsoft (NASDAQ:MSFT) and Dell Inc. (NASDAQ:DELL) are helping the Nasdaq Composite Index and the Philadelphia Semiconductor Index trade in positive territory in morning trading.

They was in spite of Google (NASDAQ:GOOG), Amazon.com (NASDAQ:AMZN) and eBay (NASDAQ:EBAY) trading down.

The market is a little more positive today, as news outlets attempt to spin the economy is improving.

Amazon was down more than most major tech companies on the negative response from Goldman Sachs (NYSE:GS), saying they may miss sales consensus for the fourth quarter, citing comScore data.

Intel was trading at $24.51, gaining $0.28, or 1.18 percent, as of 11:34 AM EST. Hewlett-Packard was at $25.59, rising $0.39, or 1.55 percent. Microsoft was at $25.91, up $0.09, or 0.35 percent. Dell was trading at $14.76, increasing $0.09, or 0.58 percent.

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