Tag: downward trajectory
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Stocks Soar on Jobs and Cisco
U.S. stocks Thursday clocked their fourth day of massive moves, this time rising, after a drop in jobless claims and earnings from Cisco Systems Inc. swung investor sentiment higher. The Dow Jones Industrial Average surged 423.37 points, or 3.95%, to 11,143.31. The S&P 500 ended up 51.88 points, or 4.63%, to 1,172.64. The Nasdaq Composite…