Wall Street Rallies Powered by Cisco, Walmart; House Tax Vote Supports<br />Battle said that The tax plan isn’t a foregone conclusion but it passed the lowest hurdle in the House,<br />NEW YORK — Wall Street’s main indexes rose sharply on Thursday boosted by earnings-related gains in Wal-Mart<br />and Cisco, while a tax bill expected to boost corporate earnings passed its first, if smallest, hurdle.<br />Brian Battle said that There was good news on old line companies Cisco and Walmart adapting to the new economy,<br />The U. S. House of Representatives voted largely along party lines to pass a tax overhaul expected to be a boost to stock prices if it becomes law,<br />but the legislative battle now shifts to the Senate, where the Republican majority is much slimmer.
