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MARKET SNAPSHOT: U.S. Stocks Rise On Technology Revival

By Kate Gibson, MarketWatch NEW YORK (MarketWatch) -- U.S. stocks advanced more decisively Thursday after some better-than-expected data on the housing front added to cheer that came with an upbeat forecast from Citrix Systems Inc. After a tepid start, stock indexes picked up steam after the National Association of Realtors reported its index of pending home sales climbed 4.1% in March to a two-year high. Housing-related shares gained, with PulteGroup Inc. (PHM) and Lennar Corp. (LEN) among the top gainers on the S&P 500 (SPX) . The Dow Jones Industrial Average (DJI) rose 53.51 points, or 0.4%, to 13,144.23. The S&P 500 Index climbed nearly 2 points, or 0.1%, to 1,392.66, with telecommunications and technology the leading sectors among its 10 major industry groups. Leading gains on the S&P, Citrix Systems (CTXS) rose nearly 9% after the software maker projected 2012 earnings that beat estimates. The Nasdaq Composite (RIXF) rose 10.69 points, or 0.4%, to 3,040.33. Advancers pulled ahead of decliners by a roughly 5-to-4 ratio on the New York Stock Exchange, where 139 million shares traded by 10:20 a.m. Eastern. Weighing on sentiment, weekly jobless claims came in virtually unchanged.

Stock News for Citrix (CTXS)
DateTimeHeadline
04/25/201317:01:00TECH STOCKS: Amazon Leads Tech Stocks Up Ahead Of Results
04/25/201311:19:30TECH STOCKS: Microsoft, Akamai Boost Techs; Zynga Falls
04/25/201309:12:35U.S. HOT STOCK FUTURES: HOT STOCKS TO WATCH
04/25/201306:52:02For Thursday at 6 a.m.) U.S. HOT STOCK FUTURES: HOT STOCKS TO...
04/24/201316:58:08Citrix Systems 1st-Quarter Earnings Down 13%; Profit View Cut
04/05/201314:52:34Concerns Spread After Network Gear Makers' Weak Results
01/31/201316:46:36TECH STOCKS: Facebook Slips Late; BlackBerry Weighs Techs
01/31/201316:18:53TECH STOCKS: Facebook Turns Up; BlackBerry Weighs Techs
01/31/201312:36:53TECH STOCKS: Facebook, BlackBerry Fall; Qualcomm Jumps
01/30/201317:07:16Citrix 4th-Quarter Profit Up 4.9% on Broad Revenue Growth
12/05/201217:28:41Citrix to Buy Zenprise, Terms Not Disclosed
12/05/201211:12:55TECH STOCKS: Apple Weighs Down Techs; Pandora Sinks
11/15/201211:09:35F5 CEO Looks for Turnaround as New Products Hit Market
11/13/201217:09:07MARKET SNAPSHOT: U.S. Stocks Finish Lower On 'cliff' Concerns
11/13/201215:59:16MARKET SNAPSHOT: Stock Gains Evaporate With 'cliff' Ahead
11/13/201215:29:01MARKET SNAPSHOT: U.S. Stock Gains Limited With 'cliff' Ahead
11/13/201214:18:16MARKET SNAPSHOT: U.S. Stocks Build Gains With Home Depot
10/24/201216:56:58Citrix 3rd-Quarter Profit Down 15% as Expenses Rise
10/23/201211:20:34Cisco CEO Focused on Software Growth, Cautious on Tech Spending
09/18/201215:56:19Cisco Plans Exit From Market Dominated by Smaller Players

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