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Investor Midday: E-data rally

Cisco Systems led technology stocks into a full-blown rally at midday Monday as economic data helped boost confidence that the United States can steer clear of a recession. The Nasdaq rose 82.
Written by ZDNET Editors, Contributor
Cisco Systems led technology stocks into a full-blown rally at midday Monday as economic data helped boost confidence that the United States can steer clear of a recession.

The Nasdaq rose 82.79 points to 2,158.47, and the Dow Jones industrial average gained 88.30 points to 10,898.41. The Inter@ctive Week @Net Index fell 12 to 195.52. Full story. --Tiffany Kary, ZDII

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