2010.09.2313:24:00UTC+00S&p Holds Important Support Level After Pressure From Weak Economic Data In Us And Europe

News:

• Hard selling at the open took the broad-based index down almost 1 pct and below the key 1,130 mark
• Red Hat Inc went up more than 11 pct; Bed Bath & Beyond buoyed the Nasdaq, going up nearly 4 pct
• The DJI rose 9.77 pts, or 0.09 pct, to 10,749.08
• The S&P's 500 inched up 0.70 of a point, or 0.06 pct, to 1,134.98
• Nasdaq added 16.24 pts, or 0.70 pct to 2,350.79
• Tech companies helped the Nasdaq; Apple Inc went up 1.3 pct to $291.56, Intel Corp added 1.2 pct to $19.24; S&P technology index went up 0.8 pct
• Bionovo Inc shares rose 54 pct to $1.88