NEW YORK - Stocks moved higher on Tuesday, boosted by technology issues after a strong earnings report by Intel Corp., the world's biggest chipmaker, eased worries about sluggishness in the industry.

The Dow Jones industrial average rose 27.10 to 5,620.02. The well-known barometer of big U.S. companies began the day lower, but quickly resumed its rebound from a recent 200-point slide on interest rate and inflation worries.

Advancers led decliners by about 9 to 7 on the New York Stock Exchange, with 1,331 up, 1,034 down and 766 unchanged. Big Board volume totaled 451.52 million shares vs. 346.24 million in the previous session.

Broad-market indicators were positive, too. The NYSE composite rose 1.08 to 346.28 and the S&P 500 list rose 2.51 to 645.00.

At the American Stock Exchange, the market value index rose 3.20 to 579.31.

The technology-heavy Nasdaq composite rose to a record close based on the strong earnings report by Intel. The index gained 12.60 to close at 1,123.04.

Calling demand for personal computers solid, Intel said it earned $894 million, or $1.02 per share, in the first quarter, slightly higher than analyst forecasts. The company also gave a modestly upbeat outlook for the current quarter.

"The nine-month bear market in the high-techs is winding down," said Alfred E. Goldman, vice president of A.G. Edwards & Sons Inc. in St. Louis.

"If the group starts to rebound, that would provide important leadership to the market," he said.