After being down 25 percent for the year in early March, the NASDAQ is back to even for 2009. It is an extraordinary rally which shows that tech can still dig the market out of a funk. The fact that shares in companies like Intel (INTC) and Apple (AAPL) are up for the year helps.
The only sector that struggled much during the day was the financial sector. Citigroup (C) and Bank of America (BAC) were the only two Dow Jones Industrial Average component stocks to fall, as the DJIA climbed 159 points, or 2 percent, to close at 7,909.