U.S. stocks rally as the tech sector bounces back, Yahoo! (YHOO_) and Google(GOOG_) both adding more than 2%.
Seven out of 10 major industries in the S&P 500 climbed today. Utilities, consumer and energy shares led advances with gains of more than 0.9 percent. Technology stocks rallied 0.9 percent.
First Quarter for 2014 earnings season just started and Alcoa Inc. added 1.9 percent after the close of regular trading as it reported earnings that topped analyst forecasts. JPMorgan Chase & Co. and Wells Fargo & Co. are among S&P 500 companies reporting earnings this week.
The Dow Jones Industrial Averagegained 0.06% to 16,256.27, while the S&P 500added 0.38% to 1,851.96. The Nasdaqincreased 0.81% to 4,112.99.
WTI Crude Oil climbed $2.12 to $102.56 a barrel. Gold futures advanced 0.8% to $1,309.10 an ounce.