Global Stock News

CSCO heads into AI Summit week as rate jitters hit tech

CSCO heads into AI Summit week as rate jitters hit tech

New York, Feb 1, 2026, 12:01 PM EST — Market closed.

  • Cisco shares ended Friday at $78.32, slipping 0.14% amid broader U.S. stock declines driven by concerns over interest rates and policy shifts.
  • Investors are assessing inflation signals and the Fed chair succession battle as Monday’s open approaches.
  • The next U.S. jobs report and Cisco’s Feb. 3 AI Summit stand out as key catalysts in this rate-sensitive market.

Cisco Systems, Inc. shares slipped 0.14% to $78.32 on Friday, following a late-week drop in U.S. stocks as investors pulled back from rate-sensitive tech ahead of the upcoming week. (Investing)

Sunday’s market closure leaves Monday, Feb. 2 focused squarely on rates rather than routers. The key…

Source link

Share this article

Scroll to Top