9 May 2002, 11:25  U.S. Equity Prices Surged Wednesday

on what traders are terming a Cisco induced rally after its in-line quarterly report late Tuesday. After falling in all but three of the last 16 sessions, the Nasdaq was up about 6.00% Wednesday on the heels of Cisco"s good outlook. At the close, the Nasdaq was up 122.47 points or 7.78%, at 1,696.29. The Dow Jones industrial average is up 305.28 points or 3.10%, at 10,141.83. The broader Standard & Poor's 500 Index is up 39.36 points or 3.75%, at 1,088.85.

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