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Tech shares lead Wall St higher, Time Warner jumps

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Reuters NEW YORK

NEW YORK (Reuters) - U.S. stock rose on Wednesday, led by tech shares after Intel's earnings and word of a partnership between IBM and Apple, while Time Warner Inc 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&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.

(Reporting by Rodrigo Campos; Editing by Nick Zieminski)

 

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First Published: Jul 16 2014 | 7:12 PM IST

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