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…
