MARKETS: Stocks are rising early on Wall Street, with investors buoyed by better than expected quarterly results from Walmart and Cisco Systems.
Stocks are rising early on Wall Street, with investors buoyed by better than expected quarterly results from Walmart and Cisco Systems.
Walmart shares rose 3.2% Thursday while Cisco gained 4.1%. Both companies are included in the Dow Jones Industrial Average. Chipmakers showed early weakness. Qualcomm dropped 3.6% while Qorvo slipped 6.1%. Applied Materials and Nvidia report earnings after the close.The Dow rose 130 points, or 0.5%, to 25,781. The Nasdaq gained 40 points, or 0.5%, to 7,863.
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