Wall Street closes at a high after Cisco's upbeat sales forecast

US stocks closed at a high on Thursday after the technology sector was lifted by an upbeat sales forecast from Cisco Systems. Cisco’s stock surged 5.8% and was one of the major positives on the indices. The Dow Jones Industrial Average rose to 33,999.04, the S&P 500 increased to 4,283.74 and the Nasdaq Composite surged to 12,965.34.

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