The Dow Jones industrials had a deja vu month as Cisco Systems and IBM led the index, echoing the late 1990s.
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May Was Merry For These Techs In The Dow Jones Industrials
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03:21 PM ET 06/01/2026
In an echo of the late 1990s, Cisco Systems (CSCO) and IBM (IBM) were the best-performing stocks in the Dow Jones Industrial Average last month. AI enthusiasm hoisted the two tech giants, much like the internet boom did a quarter-century ago. Networking equipment maker Cisco rallied 31.6% in May, which followed a nearly 18% increase in April. It was Cisco's…
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