Louis Federal Reserve President James Bullard, who said in a speech Thursday that "the policy rate is not yet in a zone that may be considered sufficiently restrictive." The networking equipment company surpassed expectations in its fiscal first-quarter report, and issued upbeat guidance. Other tech stocks such as Apple and Intel also climbed. Stocks rebounded from lows reached earlier in the day as shares of Cisco Systems jumped nearly 5%. The Nasdaq Composite declined 0.35% to 11,144.96. The Dow Jones Industrial Average slipped 7.51 points, or 0.02%, to 33,546.32 - after falling as much as 314 points in the session.
Stocks fell Thursday and bond yields jumped as Federal Reserve officials signaled their rate-hiking campaign to slow inflation is far from over. Personal Loans for 670 Credit Score or Lower Personal Loans for 580 Credit Score or Lower Best Debt Consolidation Loans for Bad Credit
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