Technology issues propelled the US stock market sharply higher yesterday, lifting the Dow Jones industrial average back above 10,000, as investors relaxed about interest rates and looked forward to strong first-quarter earnings reports.

On Wall Street, the Dow rose 174.82 points to 10,007.33. That was just above the Dow's previous closing high of 10,006.78, set last Monday.

The Russell 2000 index of smaller companies rose 3.55 to 402.29.