H-P, Apple surge in broad tech rally

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H-P, Apple surge in broad tech rally
from MarketWatch.com - MarketPulse
SAN FRANCISCO (MarketWatch) -- Tech stocks started the year with strong gains Wednesday, joining in a broad-market rally fueled by enthusiasm over a fiscal cliff deal between President Obama and Congress. Advancers included Hewlett-Packard Co. , up 8.5%, Apple Inc. , which rose 4% and Seagate Technology , up more than 5%. The Nasdaq Composite Index surged by 81 points, or 2.7%, to 3,099, while the Philadelphia Semiconductor Index climbed 3.5%.