Wall St Closes Higher with Cisco and Disney Balance…
Wall St closes higher with Cisco and Disney balance sheets helping to fuel optimism.
Wall Street ended higher on Friday, with favorable corporate balance sheets and hopes of successful vaccines against Covid-19 helping to boost optimism about the economy, despite the increase in cases of viruses and restrictions across the country.
After a volatile week in trading sessions, in which the market was divided between hopes and fears about the virus, Cisco Systems Inc (NASDAQ: CSCO) provided the biggest boost for the S&P 500, after its quarterly balance sheet increased demand driven by the remote work.
According to preliminary data, the Dow Jones advanced 1.3%, at 29,459.02 points, the S&P 500 rose 1.33%, at 3,584 points, and the Nasdaq rose 0.97%, at 11,823.55 points .
Wall St closes higher with Cisco and Disney balance sheets helping to fuel optimism…
Wall St Closes Higher with Cisco and Disney Balance - /10