The 2 Dow Stocks Investors Are Watching Thursday
The Dow Jones Industrial Average (DJINDICES: ^DJI) has been an interesting performer in recent years, having seen smaller gains during bullish phases but also losing less ground during 2022's bear market. Some argue that the 30 stocks in the Dow no longer accurately represent the broader market, but the gauge nevertheless draws a lot of attention from both sophisticated investors and those who don't follow stocks very often.
As more companies continue to release their latest financial results, a pair of Dow stocks stood out on Thursday morning. Cisco Systems (NASDAQ: CSCO) and Walmart (NYSE: WMT) told investors how their respective businesses have done recently, and their results shed some light on trends in the tech and retail sectors that could help show what the future will bring.
Shares of Cisco Systems were up 2% in premarket trading on Thursday morning. The networking technology provider reported its fiscal fourth-quarter financial results for the period ended July 29, and investors were generally pleased with what they saw.
Source Fool.com
