August 23, 2013 at 13:43 PM EDT
Stocks Rise Modestly; S&P 500 Retakes 50-Day Line
Stocks were modestly higher Friday afternoon, led by the tech sector. The Nasdaq climbed 0.4%, thanks to Microsoft (MSFT). Shares of the software giant jumped nearly 7% on news that CEO Steve Ballmer would retire within 12 months. The S&P 500 edged up 0.2%, barely regaining its 50-day line. Meanwhile, the Dow Jones industrial average was also up 0.2%. Volume was tracking mixed in the stock market today. Nasdaq trade was running sharply higher, as
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