US STOCKS-Wall St rallies on economic data, Cisco

Thu Nov 5, 2009 10:01pm GMT
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* Non-farm productivity rises at fastest pace in 6 years

* Jobless claims drop to 10-month low; Oct payrolls Friday

* Cisco results lift tech stocks

* Dow up 2.1 pct, S&P up 1.9 pct, Nasdaq up 2.4 pct

* For up-to-the-minute market news, click [STXNEWS/US] (Updates close with volume levels and Starbucks up after the bell)

By Caroline Valetkevitch

NEW YORK, Nov 5 (Reuters) - U.S. stocks jumped on Thursday, pushing the S&P 500 up for a fourth day, as economic data boosted confidence in the recovery and strong results from Cisco Systems (CSCO.O: Quote, Profile, Research) suggested a rebound in technology spending.

The market's advance was broad-based, and the Dow ended above 10,000 for the first time in two weeks.  Continued...

 
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