Wall Street turned green on techs

Wall Street turned green on Thursday, August 16, as tech sector companies reported better-than-expected earnings. The Dow Jones Industrial Average jumped 0.2%, to 13,196.45; the Standard & Poor 500 Index rose by 0.3%, to 1,409.34, while the Nasdaq Composite Index added 0.5%, at 3,045.40. Shares of Cisco Systems Inc, a worldwide leader in networking, soared by 8.30%, as the company reported improved financial results and announced a plan to increase company's quarterly dividend by 75 per cent.