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Nasdaq extends gain, up 1 percent on tech results

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Reuters NEW YORK

NEW YORK (Reuters) - The Nasdaq extended its early gains on Friday, jumping 1 percent on the strength of quarterly results from Microsoft Corp and Google Inc .

The Dow remained in slightly negative territory, hurt by a drop in IBM shares.

The Dow Jones industrial average dipped 11.72 points, or 0.08 percent, to 14,525.42. But the Standard & Poor's 500 Index rose 11.22 points, or 0.73 percent, to 1,552.83. The Nasdaq Composite Index shot up 39.69 points, or 1.25 percent, to 3,206.05.

(Reporting by Ryan Vlastelica; Editing by Jan Paschal)

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First Published: Apr 19 2013 | 9:09 PM IST

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