Technology and TMT stocks give volatile market a boost

The US market has been performing well on the back of technology and telecommunication stocks, with the Nasdaq Composite index up around 4.68% for the month of January. Hard-disk drive manufacturer Seagate Technology, telecom provider Qwest Communications International, as well as internet companies Expedia and Google, are stocks that performed well. Seagate Technology turned in an impressive 30% gain during the past month, providing the best single performance contribution of any stock in the portfolio. The manufacturer reported an excellent quarter and significantly increased its...