Summary Box: Stocks shake off weak economic news

AP News
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Posted: May 26, 2011 5:27 PM
Summary Box: Stocks shake off weak economic news

MICROSOFT: Microsoft Corp. led the Dow Jones industrial average higher after well-known hedge-fund manager David Einhorn called for the tech giant's board to replace CEO Steve Ballmer.

SLUGGISH: Signs of a sluggish economic recovery sent government bond yields to their lowest level in a year. The government said the economy grew 1.8 percent in the first quarter.

THE INDEXES: The Dow rose 8.10 points to close at 12,402.76. The Standard & Poor's 500 index rose 5.22, or 0.4 percent, to 1,325.69. The Nasdaq composite rose 21.54, or 0.8 percent, to 2,782.92.