Stocks jump as technology, industrials and banks rally

This April 5, 2018, photo shows a sign for a Wall Street subway station in New York. The U.S. stock market opens at 9:30 a.m. EDT on Thursday, April 12. (AP Photo/Richard Drew)

U.S. stocks are climbing Thursday as technology companies, banks and industrial companies rally. Companies including Delta Air Lines and BlackRock are rising after they reported strong results in the first quarter. Big technology companies including Apple and Microsoft are making some of the biggest gains.

KEEPING SCORE: The S&P 500 index gained 26 points, or 1 percent, to 2,668 as of 12:45 p.m. Eastern time. The Dow Jones industrial average added 320 points, or 1.3 percent, to 24,510. The Nasdaq composite climbed 77 points, or 1.1 percent, to 7,146. The Russell 2000 index of smaller-company stocks advanced 10 points, or 0.7 percent, to 1,557.

LEADERS: Apple rose 1.4 percent to $174.77 and Microsoft picked up 2 percent to $93.68 to lead the gains among technology companies, while Google’s parent company Alphabet gained 1.5 percent to $1,040.02.

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