Apple, Lexmark Pace Broad Tech Gains

MarketWatch Pulse

Tech stocks mostly headed north in early trading Tuesday, led by Apple Inc. and upbeat reaction to the company's earnings results. Apple shares rose 2.4% to $102.10 after the company late Monday reported a fourth-quarter profit of $1.42 a share on $42.1 billion in revenue. Lexmark International Inc. was also having a good day, as the printing-technology company's stock rose by 7% to $42.34 a share. Lexmark reported better-than-expected quarterly results prior to Tuesday's market open. Yahoo Inc. was up by 1% at $39.74 a share ahead of the company's earnings results, due after the close of trading. The tech-heavy Nasdaq Composite Index rose 51 points to 4,367.

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