The stock markets in the US rippled around zero most of Thursday. Wal-Mart was the big winner. The world’s largest retailer reported a higher quarterly profit than expected and its shares rose 1.9 percent.
However, it was worse for the technology with Cisco Systems and sinker. Networking giant announced the day before in its interim report that the company should do away with 5500 employees and the forecast did not live up to investors’ expectations. Shares fell 1.1 percent.
The Dow Jones industrial index rose 0.1 percent, while the Nasdaq composite index lifted 0.2 percent. S & amp; P 500 also went up 0.2 percent.
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