New York - Wall Street stock indices climbed on Wednesday as positive technology and mining-sector news eclipsed a poor earnings report from mortgage giant Freddie Mac.
Cisco Systems Inc, the largest producer of networking equipment, reported fourth-quarter profits that were slightly better than expected while revenue had come in above 10 billion dollars for the first time.
Microsoft Corp improved after a UBS AG analyst predicted the software giant was preparing to buy back 20 billion dollars in stock over the coming thee months.
Indian equities closed on an encouraging note, on Tuesday (August 05), on the back of good buying action seen across all segments, with Bankex (6.65%) and Realty (6.56%) sectors being the major gainers among the sectoral indices.
Volatility jitters, which were seen during the early trading sessions, turned down in the late closing sessions with markets zooming 383.20 points.
BSE Midcap and Smallcap index closed the day positively after gaining 1.76% and 1.26% respectively.
Asian stocks reported a declension with mining companies being in the front line.
New York - Wall Street stock indices climbed on Wednesday as positive technology and mining-sector news eclipsed a poor earnings report from mortgage giant Freddie Mac.
Seoul - Shares jumped 2.8 per cent Wednesday on the
good buying action witnessed across sectors.
- Philippine share prices soared 3.64 per cent on Wednesday as investors cheered sliding oil prices and Wall Street's overnight gains. 
the back of good buying action seen across all segments, with Bankex (6.65%) and Realty (6.56%) sectors being the major gainers among the sectoral indices.
