Tech Leading The Market Higher

The technology complex is helping lead a broad market rally on Tuesday. It is the strongest sector in a very strong tape, and the Nasdaq is currently trading up 1.70% compared to 1% gains for the Dow and S&P. The SPDR Technology ETF XLK has jumped 1.78% to $26.29. Among the leading stocks are big names such as Google GOOG and Apple AAPL, which are up 1.37% and 1.06% respectively. Smaller cloud computing companies are also having great days. Shares of F5 Networks FFIV have risen 4.58% to $116.80. Acme Packet APKT has jumped 5.23% to $68.24 on heavy volume and Riverbed Technology RVBD is up 5.16% to $40.77. In the chip space, Intel INTC has surged 1.98% to $22.73, while Micron Technology MU is up around 3% to $7.45. Shares of Altera Corp. ALTR have added nearly 4% to $44.15.