Cisco Deflates the Tech Rally

Weakness in the networking giant sent the Nasdaq sharply lower Thursday. The Dow and S&P 500 also fell as Bernanke warned of sluggish growth
Cisco Systems chairman and CEO John Chambers Ethan Miller/Getty Images

Though a late-day rally minimized the damage, stocks fell again on Thursday as tech companies, Wall Street's success story in recent months, showed big losses after bad news from Cisco Systems (CSCO).

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