( Reuters ) - Stocks jumped on Tuesday, helped by optimism about the outlook for technology spending and gains in oil prices that lifted energy shares.
"A lot of it is attributed to the Nasdaq. If there was going to be slow growth, one of the first businesses to cut back would be technology," said Steve Goldman, market strategist at Weeden & Co. in Greenwich, Connecticut.
Yahoo Inc. jumped 7.5 percent to $24.43 after Bear Stearns named the Internet media company's stock as a top pick, saying it was an attractive takeover-candidate.
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