FOXNews.com: US stocks rise, led by technology companies

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US stocks rise, led by technology companies Apr 29th 2013, 15:56 Published April 29, 2013 Associated Press Specialist Glenn Carell works at his post on the floor of the New York Stock Exchange Monday, April 29, 2013. A pair of encouraging economic reports helped propel the stock market up in early trading on Monday. (AP Photo/Richard Drew)The Associated Press Specialist Matthew Cheslock works at his post on the floor of the New York Stock Exchange Monday, April 29, 2013. A pair of encouraging economic reports helped propel the stock market up in early trading on Monday. (AP Photo/Richard Drew)The Associated Press Next Slide Previous Slide NEW YORK –  Encouraging economic reports are sending stock prices higher on Wall Street. Wages and spending rose in the U.S. last month, and pending home sales hit a three-year high. The Dow Jones industrial average was up 66 points to 14,779 at noon Eastern time Monday, a gain of 0.4 percent. The number of Americans who signed contracts to buy homes reached the highest level since April 2010, according to the National Association of Realtors. Back then, a tax credit for buying houses had lifted sales. The Standard & Poor's 500 rose nine points to 1,591, or 0.6 percent. The S&P is just two points below the record high it reached April 11. The Nasdaq rose 27 points at 3,305, or 0.8 percent. Apple and Microsoft led the gains in technology stocks.

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