Wall Street gets small lift from technology and McDonald’s
NEW YORK (Reuters) – Stocks edged higher on Monday as technology shares bounced back after recent weakness and McDonald’s posted strong monthly sales. Technology stocks were led by Hewlett-Packard Co , which climbed 2. 6 percent to $14. 16 on rumors that activist investor Carl Icahn is building a stake in the PC maker. The stock is down 44. 5 percent for the year and ranks as the Dow’s worst performer. The S&P technology index was up 0. 3 percent. Tech also was supported by Cisco Systems , which gained 2. 4 percent to $19. 79 after the company presented its midterm growth strategy on Friday. . . .
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