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Tech shares lead Wall St higher

Wednesday, July 16 15:07:52

U.S. stock rose today, led by tech shares after Intel's earnings and word of a partnership between IBM and Apple, while Time Warner rallied on news it rebuffed a takeover attempt from Rupert Murdoch's Twenty-First Century Fox.

The Dow Jones industrial average rose 70.52 points or 0.41 percent, to 17,131.2, the S and P 500 gained 10.35 points or 0.52 percent, to 1,983.63 and the Nasdaq Composite added 29.58 points or 0.67 percent, to 4,445.97.

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