Wednesday's Tech Stocks: Good News Sends Markets Higher

All the major indexes rose Wednesday as earnings reports from companies such as Motorola and eBay topped expectations and improved investor optimism.

Motorola was up $3.08, or 19%, to $19.30 one day after reporting revenue and earnings that far exceeded expectations. Also, eBay rose 81 cents, or 1.1%, to $74.78; after the bell, it reported a big jump in first-quarter sales and profits. Other gainers included Nortel Networks, which rose 4.9%, or 26 cents, to $5.57; Research in Motion, which rose 2.95%, or $2.92, to $102.00; and SBC, which rose 41 cents, or 1.7%, to $24.77 and reported first-quarter profits that exceeded expectations. Among other winners were Cisco Systems, up 26 cents, or 1.2%, to $22.37, and IBM, which rose 61 cents, or 0.7%, to $91.26.

For the day, the InformationWeek 100 rose 1.90 points, or 0.6%, to 328.28, and the Nasdaq index was up 0.9%, or 17.00 points, to 1,995.63. The Nasdaq-100 tracking stock rose 31 cents, or 0.9%, to $35.99, as 116.2 million shares changed hands. The Dow industrials rose 2.77 points, or 03%, to 10,317.27, and the S&P 500 rose 5.94 points, or 0.5%, to 1,124.09.

See the full listing of all the companies in the InformationWeek 100 and the top 5 percentage winners and losers for the last closing at informationweek.com/stocks.