News & Reviews

Strong earnings from Wal-Mart, Cisco drive U.S. stocks higher

#ndn-video-player-1.ndn_embedded .ndn_floatContainer { margin-top: 10px; margin-bottom: 20px; }#ndn-video-player-2.ndn_embedded .ndn_floatContainer { margin-top: 10px; margin-bottom: 20px; }Updated at 5:08 p.m.NEW YORK • U.S. stocks closed sharply higher Thursday, snapping a two-day losing streak.Investors cheered strong quarterly earnings from Wal-Mart Stores, Cisco Systems and other companies. Technology stocks accounted for much of the market's gains, which helped lift the Nasdaq composite...

Dow surges 187 points as Wal-Mart jumps; Cisco leads Nasdaq to record close

Pablo Blazquez Dominguez | Getty Images. U.S. equities rose on Thursday, rebounding from consecutive declines, following strong quarterly results from Cisco Systems and Wal-Mart.MoreCSCO</a>) leading advancers on the 30-stock index. The index rose more than 200 points at session highs. The Nasdaq composite (^IXIC) advanced 1.3 percent to 6,793.29, hitting intraday and closing records. Cisco's gains helped lift the index sharply higher. Wal-Mart (WMT) reported better-than-expected...

Wal-Mart, Cisco perk up stocks

U.S. stocks closed sharply higher Thursday, snapping a two-day slump.Investors cheered strong quarterly earnings from Wal-Mart Stores, Cisco Systems and other companies. Technology stocks accounted for much of the market's gains, which helped lift the Nasdaq composite to its first record high in just over a week.Health care companies and consumer product makers also posted solid gains. Energy and utilities stocks lagged. Oil prices declined.The Standard & Poor's 500 index rose 21.02...