U.S.MARKET UPDATE

 U.S. stocks rose modestly on Friday after late news of merger talks in the semiconductor space boosted the technology sector and helped major indexes snap a four-day losing streak.

The Dow Jones industrial average rose 34.43 points, or 0.19 percent, to 17,712.66, the S&P 500 gained 4.87 points, or 0.24 percent, to 2,061.02 and the Nasdaq Composite added 27.86 points, or 0.57 percent, to 4,891.22

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