Cisco will likely be the market maker tonight (telecoms and It stocks are, therefore, likely to advance - particularly the majors). Expect, therefore, the NASDAQ to be up in trading tonight.
////////////////////// From your post Cefadog (quoting from CNN): ///////////////////// After the close, Cisco (Research) reported quarterly earnings and revenue that rose from a year ago. The results topped analysts' earnings per share expectations and were in line with forecasts for revenue, according to Reuters research.
Cisco shares gained more than 3 percent in extended-hours trading and gave a lift to other tech stocks.
No economic reports are due Wednesday, however, the weekly oil inventory report is set for the mid-morning, and that is often a market mover.
DOW Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
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