Cisco leads Wall Street to more records and the Dow back to 50,000
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May 14, 2026 3:30 PM
NEW YORK (AP) — The U.S. stock market rose to more records Thursday after Cisco Systems joined the parade of U.S. companies reporting fatter profits for the start of 2026 than analysts expected.
The S&P 500 climbed 0.8% to set an all-time high for a second straight day. The Dow Jones Industrial Average rose 370 points, or 0.7%, and finished above the 50,000 level for the first time since the war with Iran began, while the Nasdaq composite added 0.9% to its own record.
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