The Nasdaq Composite index gained 39.31, or 1.5 per cent, to 2,605.99, led up by Cisco Systems after the leading maker of Internet equipment beat profit forecasts and announced a 2-for-1 stock split. Chevron slumped, contributing the most to the Dow's losses, as petrol prices fell to a one-month low.
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THE DOW JONES Industrial Average tumbled 213 points after the resignation of Treasury Secretary Robert Rubin, but then regained all but 26 points, ending the day at 11,000.37.