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Telecomunicaciones y tecnología

Dow rises 1 percent, boosted by IBM


    NEW YORK (Reuters) - U.S. stock indexes rose more than 1 percent on Wednesday, boosted by gains in materials and technology shares and after Spain unveiled an austerity plan that further eased jitters over euro-zone sovereign debt woes.

    The Dow Jones industrial average gained 119.03 points, or 1.11 percent, to 10,867.29. The Standard & Poor's 500 Index rose 12.96 points, or 1.12 percent, to 1,168.75. The Nasdaq Composite Index climbed 35.99 points, or 1.52 percent, to 2,411.30.

    International Business Machines Corp led the Dow higher, gaining more than 2 percent after it said it expects profits to nearly double to over $20 a share by 2015.

    (Reporting by Leah Schnurr; editing by Jeffrey Benkoe)