The Canadian PressMay 16, 2013 12:46
NEW YORK, N.Y. - Indexes are slightly higher at midday on Wall Street, pushing the stock market further into record territory.
Cisco Systems soared 13 per cent, the most in the Dow Jones industrial average, after the network equipment maker reported results that beat the estimates of financial analysts who follow the company.
Wal-Mart fell after the giant retailer blamed higher payroll taxes, bad weather and delayed tax refunds for a sales slump that disappointed investors.
The Dow was up 15 points at 15,290 at midday Thursday, an increase of 0.1 per cent.