DOW UP: After six down days in a row, the Dow Jones industrial average close higher by 20 points. The Nasdaq still posted a tiny decline after Cisco said sales would be weaker than expected.

THE STORY SO FAR: Even with recent declines, the Dow is still up by 5.2 percent this year. The Standard & Poor's 500 index is up almost 8 percent for the year.

WHAT'S NEXT: On Friday, the Spanish government will reveal details of its plan to shore up its banking sector, which will be closely watch because of its implications for potential bailouts there and elsewhere in Europe. The U.S. Labor Department releases the producer price index for April.

Due to the overwhelming enthusiasm of our readers it has become necessary to transfer our commenting system to a more scalable system in order handle the content.