Tuesday, February 11, 2025
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S&P 500 Minor Uptick

Stocks slightly increased on Thursday as traders analysed the most recent economic and earnings data and evaluated the direction of Federal Reserve monetary policy.

The Dow Jones Industrial Average rose 87 points, or 0.3%, while the S&P 500 increased by 0.3%. The Nasdaq Composite increased by 0.4%.

Cisco Systems, a provider of computer networking services, increased by 3% as a result of better-than-expected quarterly earnings. After posting better-than-expected earnings and revenue in the second quarter of its fiscal year, Walmart dipped slightly in trade. Additionally, the business increased its full-year forecast and highlighted strength in groceries and online sales.

Source (CNBC)

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