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.
© 1999-2024 Forex EuroClub
All rights reserved