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BlackBerryToday > News > RIM, Apple Boost Techs RIM, Apple Boost Techs
By Paul Shread
Tech stocks rallied to a new multi-year high Thursday on strength in Research in Motion and Apple, while the broader market stalled ahead of Friday's monthly jobs report. The Nasdaq closed above 2650 for the first time since February 2001. RIM and Apple gained 4 percent each, as traders continued to pick them as the winners in the wireless device race. Apple continued to gain on its iPhone launch, even if initial sales reports failed to hit the most optimistic expectations, while RIM continued to climb on last week's blowout results and reports that the company could enter the market in China.
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