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The Nasdaq, which extended its year-to-date loss with a slip in the prior session, has rallied today. The strength of the move has actully given it a lead over its counterparts.
While many large-cap tech plays have underpinned the Nasdaq's strength this session, Cisco Systems (CSCO 14.94, -0.11) has been a laggard. The stock's latest loss, which marks an extension of a slide that began several weeks ago, comes in response to an analyst downgrade.
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