Wednesday, April 7, 2010

Ended higher

The Nasdaq composite rose 0.3%, ending at its highest point since Aug 15, 2008. WSJ reported that Microsoft plans to introduce a new line of mobile phones.Wunderlich initiated Cisco with a Buy and price target of $33. Caris is increasing estimates, reflecting another quarter of better than feared PC/server demand.The QQQQ implied volatility fell to record lows.