Microsoft verdict fails to dampen enthusiasm

A US judge's branding of Microsoft as a monopoly failed to dampen enthusiasm for technology stocks on Wall Street yesterday

A US judge's branding of Microsoft as a monopoly failed to dampen enthusiasm for technology stocks on Wall Street yesterday. Share prices ended mostly higher, pushing the Nasdaq composite index to its seventh straight record high.

The Dow Jones industrial average rose 14.37, or 0.1%, to 10,718.85.

The Nasdaq composite index was up 41.70 at 3,143.99, extending its string of new records. The Standard and Poor's 500 rose 6.78 to 1,377.01.

Declining issues outnumbered advancers by a 5-to-4 margin on the New York Stock Exchange, with 1,723 down, 1,360 up and 470 unchanged.

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NYSE volume totalled 797.36 million shares, against 1.00 billion in the previous session.

The Russell 2000 index of smaller companies rose 2.66 to 445.07.