* Global shares slide as Wall St rally fizzles. * Bonds rally on safety appeal, dollar backs away from highs. By Herbert Lash. Global equities fell further on Thursday, unable to sustain a late rally on Wall Street, as investors dumped stocks on fears of sluggish growth and bought safe-haven assets such as government debt and the Swiss franc.
* Cisco (CSCO) tumbles on full-year growth forecast cut. * Canada Goose jumps after upbeat profit outlook. * S&P 500 -0.58%, Nasdaq -0.26%, Dow -0.75% By Devik Jain and Noel Randewich. May 19 - Wall Street ended lower after a volatile session on Thursday, with Cisco Systems (CSCO) slumping after giving a dismal outlook, while investors fretted about inflation and rising interest rates.
* Cisco (CSCO) tumbles on full-year growth forecast cut. * Canada Goose jumps after upbeat profit outlook. By Devik Jain and Noel Randewich. May 19 - The S&P 500 ended lower after a volatile session on Thursday, with Cisco Systems (CSCO) slumping after giving a dismal outlook, while investors fretted about inflation and rising interest rates.
* Global shares slide as Wall Street cools a bit. * Bonds rally on safety appeal, dollar backs away from highs. * Graphic: Global asset performance http://tmsnrt.rs/2yaDPgn. * Graphic: World FX rates http://tmsnrt.rs/2egbfVh. By Herbert Lash.
Leo KoGuan, a major individual investor in Tesla, on Thursday called on the electric carmaker to buy back shares, after Tesla stocks took a hit from CEO Elon Musk's deal to buy Twitter.
* Cisco (CSCO) tumbles on full-year growth forecast cut. * Canada Goose jumps after upbeat profit outlook. * Indexes: S&P 500 -0.17%, Nasdaq +0.38%, Dow -0.47% By Devik Jain and Noel Randewich. May 19 - Wall Street was mixed on Thursday, with Cisco Systems (CSCO) slumping following a dismal outlook, while Nvidia (NVDA) and other megacap growth stocks rebounded after recent losses.
* Global shares slide as Wall Street cools a bit. * Bonds rally on safety appeal, dollar backs away from highs. * Graphic: Global asset performance http://tmsnrt.rs/2yaDPgn. * Graphic: World FX rates http://tmsnrt.rs/2egbfVh. By Herbert Lash and Marc Jones.
- Wall Street was mixed on Thursday, with Cisco Systems slumping following a dismal outlook, while Nvidia (NVDA) and other megacap growth stocks rebounded after recent losses. Shares of Cisco dropped 14.4% after the networking gear maker lowered its 2022 revenue growth outlook, taking a hit from its Russia exit and component shortages related to COVID-19 lockdowns in China.
The Federal Reserve is not targeting equity markets in its battle against inflation, but that is "one of the avenues" where the impact of tighter monetary policy will be felt, Kansas City Fed President Esther George said on Thursday.
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