Wall St rebounds after falling 3-day, led by technology sector

New York the United States stock indices rose on Thursday, rebounding after three days of declines, led by gains in the technology sector.

Wall Street opened higher, trimming some gains later in the morning before you get a boost from tech stocks such as Microsoft Corp. in afternoon trading.

Shares Of Microsoft (MSFT.O) rose by 3% to $ 33.01 in great volume. S & P information technology sector.SPLRCT rose by 0.5%.

Shares Of Tesla Motors Inc. (TSLA.O) jumped 14.2 per cent to $ 153.46 per day after the electric car maker posted an unexpected quarterly profit. The stock was the main impetus to favorite this year, up almost 350% in 2013.

"We are in the season when trading volume is low and volatility was low, and there is not much real catalysts for the move. On this day, several major players can move the market up and down, "said Randy Frederick, Managing Director of active trading for Charles Schwab in Austin, Texas.

The Dow Jones industrial average rose 48.80 points or 0.32 percent, at 15, 519.47. The standard poor's 500 & index was up 7.36 points, or 0.44 percent, to 1, 698.27. The Nasdaq Composite Index rose 18.81 points, or 0.51 percent, to 3, to 672.82.

Comparative S P 500 index & is about 10 points from the record high of 1, 709.67, set last week and is trading above its 14-day moving average 1, 694.50.

Stocks inched lower, most of this week, pulling back from record highs, the Fed will begin reducing its stimulus efforts this year as the economy recovers. Gains in stocks were closely associated with enabling policies the FED, and many investors are concerned economic growth could lose steam without help from the FED.

Groupon Inc. (GRPN.O) shares rose 27 percent to $ 11.05. Late Wednesday, the company reported online coupon income that exceeded expectations and was named its co-founder as Chief Executive.

JPMorgan Chase & Co (JPM.N) was among the biggest decliners on the Dow Jones industrial average; shares fell 0.8 percent to $ 54.87. The largest United States bank assets faces criminal probe of the Department of Justice United States sales of mortgage-backed securities.

The data showed weekly jobless claims United States grew less than expected in the last week 333.000. Abroad China in July exports grew 5.1 percent, exceeding expectations and fostering Hope the second largest economy in the world could stabilize after more than two years of slowing growth.

Orbitz worldwide Inc (OWW.N), online travel agency, reported higher than expected quarterly earnings, as it sold more hotel and vacation packages and forecast annual earnings above analysts ' estimates.

Priceline.com Inc. (PCLN.O) and Nvidia Corp. (NVDA.O) is scheduled to report results later Thursday.

Of the 434 companies in the S P 500 & that reported profits through Wednesday morning Thomson Reuters data showed that 66.8 percent exceeded analysts ' expectations, according to 67 percent beat rate for the last four quarters. In terms of earnings beat estimates, 54.1% more than in the last four quarters, but below an average of 61 percent from 2002