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CSCO Strikes Back

|Includes: Cisco Systems, Inc. (CSCO)

Techs still led the Street as NASDAQ Composite gained 1.6% or 40.40 points, ending the day at 2,572.55. The S&P 500 index however, advanced 15.81 points or 1.35%, sending the index to settle at 1,188.68. The Dow 30 index was also in the green as it jumped 140.88 points or 1.27%, to finish the session at 11,246.73. All three indices trimmed their gains during the final hour of the session however. At best, all three reached the peak of intraday gains by gaining more than 2.5% each.