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Dow set to rise more than 100 points as Cisco and Walmart gain on earnings

Fred Imbert

Shares of Cisco Systems outperformed in the premarket, trading 3.5% higher on the back of quarterly numbers that topped analyst expectations. Walmart also reported quarterly earnings that topped expectations, sending its stock up 1.4% before the bell. Instead, the U.S. hiked tariffs on $200 billion worth of Chinese imports.