How the major stock indexes fared Wednesday

AP News
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Posted: Apr 06, 2011 5:27 PM
How the major stock indexes fared Wednesday

Technology stocks rose Wednesday after the CEO of Cisco Systems Inc. promised to take "bold steps" to narrow the company's focus. Cisco rose 5 percent, the most of any stock in the Dow Jones industrial average. Materials and energy companies fell.

The Dow Jones industrial average fell 32.85, or 0.3 percent, to 12,426.75.

The S&P 500 rose 2.91, or 0.2 percent, to 1,335.54.

The Nasdaq composite rose 8.63, or 0.3 percent, to 2,799.82.

For the week:

The Dow is up 50.03, or 0.4 percent.

The S&P is up 3.13, or 0.2 percent.

The Nasdaq is up 10.22, or 0.4 percent.

For the year to date:

The Dow is up 849.24, or 7.3 percent.

The S&P is up 77.90, or 6.2 percent.

The Nasdaq is up 146.95, or 5.5 percent.