Wall Street rises after fall, but Cisco a drag
NEW YORK (Reuters) – Stocks advanced modestly on Thursday as investors snapped up shares at beaten-down prices after a weak stretch, but tech bellwether Cisco Systems’ disappointing outlook limited gains. In a positive development, euro-zone officials said the bloc’s countries are prepared to keep financing Greece until the country forms a new government, either after Sunday’s election or if new elections are needed next month. Cisco Systems Inc dropped 10. 1 percent to $16. 88, its biggest percentage drop since February 2011, making it the biggest drag on the market. . . .
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