Cisco profit increase leads to higher stock futures in the U.S.

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Source: Bloomberg
© scanpix/reuters
U.S. shares advanced, triggering an increase in the S&P's 500 index higher, after Cisco Systems Inc. reported higher-than-expected earnings. The world's largest computer-networking equipment producer boosted up the technology shares by rallying 7.9%. The S&P 500 surged 0.2% to 1,377.32. The index has lost 3.8% since the president Barack Obama was reelected.
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