4 October 2001, 11:47 U.S. share prices rallied sharply
Wednesday boosted by an
earnings confirmation from Cisco and an economic report that showed
surprising strength in the service sector. The Dow Jones Industrials
rose 173.19, or 1.9 percent, to 9123.78, while the Nasdaq Composite
gained 88.48, or 5.9 percent, to 1580.81. The good news from Cisco, up
2.62 at 14.10 [CSCO], sparked a big move at midday. Cisco CEO John
Chambers said he was comfortable with estimates and said business has
been remarkably consistent over the last four months, including
September. //MarketNews
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