Wall Street Beat: Business software, e-commerce shine

04.02.2011

IAC said its sales increase was largely a result of increasing revenue from the company's toolbars, which allow users to see information from search results without actually visiting websites.

The tech-heavy Nsdaq was headed to close higher, at 2769, up by 15.42 Friday afternoon. The Dow was up 28 at 12091 and the S&P was up 3.77 to 1310. Strong tech results have been a big market driver, but government figures Friday showing that the unemployment rate fell last month to 9 percent -- the lowest point since April 2009 -- likely boosted confidence.