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MARKET SNAPSHOT: U.S. Stocks Slip After Hitting All-time Highs

U.S. stocks tested new session lows Monday, after grinding further into all-time-high territory, as Yahoo Inc.'s acquisition of Tumblr and other deal news dominated investor attention.The S&P 500 index (SPX) fell 3.79 points, or 0.2% to 1,663.78, after touching a new high of 1,672.85 earlier in the session. Energy posted the biggest gains of the index's 10 major industry groups with consumer staples the biggest laggard. The index traded as low as 1,663.51.Markets are following the general trend higher without much in the way of news, said Dan Greenhaus, chief global strategist at BTIG.While defensive stocks have been dominating the rally for most of the year, there's been new life in cyclical stocks recently, propelling the market into the "free skies" of record highs."Energy's been a laggard, but what's you've seen in May is a shift into cyclicals driving the market higher," Greenhaus said. The energy sector, which was up about 4% earlier, rose 1% Monday, with the next highest gaining...

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  1. Dow, S&P Stall Near Record Highs

    FOX Business: Capitalism Lives HereThe Dow and S&P bounced about all-time highs as traders responded to generally weak economic data and mixed corporate news.Today's...

  2. Gloomy Data Send Wall Street Lower

    FOX Business: Capitalism Lives HereThe Dow and S&P 500 retreated from record highs on Thursday after a round of disappointing economic data shook traders' confidence...

  3. Market Wrap for Thursday, May 16: A Small Pullback For U.S. Stocks as Economic Data Disappoints

    Stocks pulled back late on Thursday as bullish sentiment could not overcome disappointing economic reports. Initial jobless claims, housing starts and a reading of t...

  4. Cisco Systems Shares Hit Multi-Year Highs as Demand Improves

    Cisco Systems Inc. (CSCO) shares rose as much as 14% Thursday and hit their highest level since November 2010 after the network-technology giant gave an upbeat view ...

  5. MARKET SNAPSHOT: U.S. Stocks Little Moved, But Cisco Rallies

    U.S. stocks wobbled on Thursday as a midmorning selloff lured in sidelined retail investors."There is still a lot of money out there that needs to find a home. The g...

  6. MARKET SNAPSHOT: U.S. Stocks Slip, But Cisco Softens Slide

    U.S. stocks mostly fell on Thursday, pausing after another record-setting session, as data had jobless claims hitting a six-week high and housing starts falling shar...

  7. TECH STOCKS: Cisco Sparks Networking Rally, AMD Falls

    Cisco Systems Inc. led a rally in networking shares on Thursday after the tech giant beat earnings estimates and painted an upbeat picture of the corporate tech mark...

  8. Cisco Rallies Leading Techs Higher; AMD Falls

    Cisco Systems Inc. shares soared early Thursday, propelling the tech sector to early gains, after the technology giant beat Wall Street's earnings estimates. Cisco w...

  9. U.S. HOT STOCKS FUTURES: HOT STOCKS TO WATCH

    Among the companies with shares expected to actively trade in Thursday's session are Cisco Systems Inc. (CSCO), Wal-Mart Stores Inc. (WMT) and Kohl's Corp. (KSS).Cis...

  10. Cisco Enjoys Emphatic Post-Earnings Spike

    Shares of Cisco Systems (NASDAQ:CSCO) surged 12% Thursday morning as Wall Street gives the tech bellwether's earnings beat and upbeat guidance a standing ovation.The...

  11. Futures Wobble as Traders Digest Data

    FOX Business: Capitalism Lives HereU.S. stock-index futures budged little on Thursday as traders mulled a slew of economic data and corporate news. Today's MarketsAs...

  12. Cisco's Profits Rise, Aided by Software, Services Growth

    Cisco Systems Inc. (CSCO) delivered a sign of improving tech-sector demand as the company's newer software and services businesses more than offset weaker revenue fr...

  1. MARKET SNAPSHOT: U.S. Stocks Grind Higher To All-time Highs

    U.S. stocks traded slightly higher, grinding further into all-time-high territory after a slow start Monday with Yahoo Inc.'s acquisition of Tumblr and other deal ne...

  2. MARKET SNAPSHOT: U.S. Stocks Waver; Deal News, Fed In Focus

    U.S. stocks wavered on Monday after surging to record highs last week, with Yahoo Inc.'s acquisition of Tumblr and other deal news dominating investor attention.Stoc...

  3. TECH STOCKS: Cisco Surge Fails To Sustain Tech Rally

    Tech stocks failed to sustain an earlier rally by Thursday's closing bell, though Cisco Systems ended the day with its best session in nearly two years.The Nasdaq Co...

  4. MARKET SNAPSHOT: U.S. Stocks Halt Record Run On Fed Talk

    U.S. stocks declined Thursday, halting the S&P 500's four-session winning streak, after a Federal Reserve official said the central bank could begin tamping back on ...

  5. TECH STOCKS: Cisco Surge Ignites Tech Rally; AMD Slides

    Cisco Systems Inc. led a rally across much of the tech sector on Thursday, after the network equipment giant beat earnings estimates and painted an upbeat picture of...

  6. MARKET SNAPSHOT: U.S. Stocks In Mild Retreat From Record Highs

    U.S. stocks wobbled on Thursday as any attempt at a selloff only served to lure in sidelined retail investors."We've had very few down days, or they are shallow down...

  7. MARKET SNAPSHOT: Cisco's Big Gain Underpins U.S. Stocks

    U.S. stocks wobbled on Thursday as any attempt at a selloff only served to lure in sidelined retail investors."We've had very few down days, or they are shallow down...

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