Cisco Leads Wall Street To More Records; Dow Back To 50K
NEW YORK (AP) — The U.S. stock market rose to more records Thursday after Cisco Systems joined the parade of U.S. companies reporting fatter profits for the start of 2026 than analysts expected. The S&P 500 climbed 0.8% to set an all-time high for a second straight day. The Dow Jones Industrial Average rose 370 points, or 0.7%, and finished above the 50,000 level for the first time since the war with Iran began, while the Nasdaq composite added 0.9% to its own record. Cisco helped lead the market after reporting better profit and revenue for the latest quarter than analysts ...