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US Stock Closings 8/06/08


4:28PM EST: U.S. stocks rose, sending benchmark indexes to a six-week high, as better-than-estimated earnings at Cisco Systems Inc. spurred a rally in technology shares and falling gasoline inventories boosted fuel refiners.

The S&P500 Index added 4.31 points, or 0.3 percent, to 1,289.19 after posting its best advance in four months yesterday. The Dow Jones Industrial Average rose 40.3, or 0.4 percent, to 11,656.07. The Nasdaq Composite Index gained 28.54, or 1.2 percent, to 2,378.37.

(Bloomberg.com)

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