swap deal valued at $3.7 billion that will allow Citi to challenge Merrill Lynch for the position of top U.S. brokerage. ID:nWEN3821 Shares of Citigroup, a Dow component, gained 0.1. percent to $46.92 on the New York Stock Exchange, while Legg shares jumped 7.7 percent to $91.50. In the tech sector, Micron Technology Inc. reported its largest quarterly loss in two years and OmniVision Technologies Inc. posted a 14.9 percent drop in profit. Micron on Thursday noted that supply for memory chips was outpacing demand, taking a toll on its sales and margins. OmniVision shares fell 1 percent to $14.60 on the Nasdaq. Micron shares fell 1.8. percent to $10.64 on the NYSE. The U.S. Commerce Department reported that May durable goods orders rose 5.5 percent, including large aircraft orders. Factoring out that volatile sector, orders were unexpectedly off 0.2 percent.
