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S&P 500, Dow, Nasdaq Soar Despite Inflation Data; Cisco, China Internets, Hotels Report Earnings: Weekly Review

S&P 500, Dow, Nasdaq Soar Despite Inflation Data; Cisco, China Internets, Hotels Report Earnings: Weekly Review

The S&P 500, Dow and Nasdaq surged despite inflation data, resuming a market uptrend. Cisco soared on earnings, but not rival Arista. Weibo, Sina, Hilton and Applied Materials reported too.