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Stocks jump as better jobs data, upbeat forecast from Cisco boost hopes for economic rebound
Stocks surge on jobs data, Cisco forecast NEW YORK — A bright forecast from Cisco Systems and upbeat economic news sent stocks soaring Thursday and propelled the Dow Jones industrials back above 10,000. The rally, coming a day before the government's October employment report, showed that investors are regaining their optimism about an economic recovery. Stocks rise at opening after Intel increases revenue forecast; Dow up for 9th dayStocks open higher after Intel boosts forecast NEW YORK — Stocks are opening higher after Intel raised its revenue guidance for the third quarter. Stock futures pointing to higher opening after Intel increases revenue forecastStock futures point toward higher open NEW YORK — Stock futures extended their gains Friday, pointing to a higher open as Intel Corp. raised its revenue guidance for the third quarter. Investors looking to companies’ 2Q revenue growth as a sign that the economy is recoveringInvestors: 2Q revenue a sign of economic health NEW YORK — Investors want to see some new math in companies' quarterly reports. |
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