Dow Rises On Surprise Inflation Data; Cisco Falls 7% On Earnings
Macro·2 articles across 2 outlets
Story updated Rewritten when the story materially grows; the wire is checked every 15 minutesAbout this data
The Dow Jones index rose Thursday following unexpected key inflation data. However, Cisco Systems and AI stock Cerebras experienced significant declines, with Cisco falling 7% due to disappointing earnings.
The market reaction highlights the contrasting performance of the indices, as the Dow lagged behind the gains seen in the Nasdaq. Investors are closely monitoring the implications of the inflation data on future market trends.
CiscoCerebras
Sources
Every quote below is verbatim from the article it is attributed to.
SourceReports the news
“Stock Market Today: The Dow Jones index rises Thursday after surprise key inflation data.”
IBD — Stock Market Today: Dow Lags Nasdaq's Gain; Cisco Systems Falls 7% On Earnings (Live Coverage)“Stock Market Today: Dow Rises On Surprise Inflation Data; Cisco, AI Name Dive On Earnings (Live Coverage)”
Yahoo Finance — Stock Market Today: Dow Rises On Surprise Inflation Data; Cisco, AI Name Dive On Earnings (Live Coverage)