Independent, Fee-Only Financial Advisor

Independent, Fee-Only Financial Advisor

Monday, March 08, 2010

Monday

Major stock indexes were mixed as investors paused their recent spree of bets on the U.S. economy, though gains for Cisco Systems helped boost the technology sector. Cisco, a component of all three major indexes, climbed 3.4% ahead of a technology announcement it set for Tuesday. Traders expect that Cisco will show how it can help telecommunications companies boost their internet speeds to meet growing user demands. In other markets, the dollar, pound and yen fell, while the euro gained slightly. DJIA -13.68 Nasdaq +5.86 S&P 500 -.20.