Thu, 10 Jan 2013 13:59:05 GMT
U.S. shares on optimism about forth-quarter earnings
U.S. stocks rallied on Wednesday, sending up the Standard & Poor's 500 index, as optimism among investors rose over the fourth-quarter corporate profits. The S&P 500 index advanced 0.3% to 1,461.02. Six out of ten groups in the benchmark index increased. Seagate Technology surged 6.6% after better-than-forecast revenue data, leading gains in the technology sector that was only 0.07% up.