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Market Wrap

IBM surged (closing up US$6.81 at $118.00) to bolster Wall Street a day after the computer-maker beat earnings expectations. The Nasdaq rose 16.73 to 1903.87, an 0.89 percent gain and its third straight record close. The Dow ended up 43.10 at 9184.94 for a gain of 0.47 percent.

IBM surged (closing up US$6.81 at $118.00) to bolster Wall Street a day after the computer-maker beat earnings expectations. The Nasdaq rose 16.73 to 1903.87, an 0.89 percent gain and its third straight record close. The Dow ended up 43.10 at 9184.94 for a gain of 0.47 percent.