The Dow Jones industrial average rose 92.71 to 6,679.87.

Advancers outnumbered decliners by a 4-to-3 margin on the New York Stock Exchange, with 1,421 up, 1,041 down and 858 unchanged. NYSE volume was 498.82 million shares vs. 506.88 million yesterday.

The Standard & Poor's 500-stock list rose 8.81 to 763.53, the NYSE's composite index rose 4.13 to 401.75, and the American Stock Exchange composite index rose 1.45 to 556.51. The Nasdaq composite index fell 2.59 to 1,210.29.

Technology shares continued to stumble despite more strong earnings report from computer-industry bellwethers. Compaq Computer and Sun Microsystems both fell after beating analyst forecasts for their first quarter results.

Bonds fell this morning after the Federal Reserve reported that industrial output surged 0.9 percent in March, straining the capacity of the nation's factories, mines and utilities to maintain production without spurring inflation.

The increase, nearly double what was anticipated, brought the industrial operating rate to the highest level in two years.

As bond prices fell today, the yield on the 30-year Treasury bond -- a key determinant of corporate and consumer borrowing costs -- rose from late yesterday's 7.09 percent to as high as 7.15 percent. Bonds recovered slightly in the afternoon, with the yield dipping to 7.10 percent.