Microsoft, Apple Give Technology ETFs A Boost (ETFs: XLK, SMH)

Apple (AAPL) rallied 10% on news its Intel-based machines will run the Windows operating system. This supported the computer sector, semi’s and Microsoft (MSFT). The latter has been steadily inching higher for the past month and is a major reason why Technology Select Sector SPDR (XLK) has been strong since MSFT comprises nearly 12% of that index.

See charts below: Technology SPDR (XLK); Semiconductor Holdrs (SMH); Apple Computer Inc. (AAPL), Dell Inc. (DELL), Microsoft (MSFT)