(Reuters) - Cisco -- the world's largest maker of equipment that directs Internet traffic -- issued an outlook in line with forecasts, but analysts said investors had hoped for a positive surprise. Its shares shed over 6 percent and were the top drag on the S&P 500 and Nasdaq 100 indexes.
The Cisco weakness had seeped into other areas of the market in early trading, but buyers emerged in late morning and trimmed the declines in some tech and large-cap shares.
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