US markets continue to climb on opening

The US markets opened with gains for its three core indices to follow their gains yesterday after the Federal Reserve cut the country's base rate figure by 0.5% to 4%. The Dow Jones climbed 28 points to 11,280 while the Standard & Poor's 500 gained 5.10 to 1293.50 and the tech focused Nasdaq index added 35.50 to 1932.50. Ciena climbed $4.08 to 62.98 after the maker of fibre-optic equipment said pre-tax earnings gained more than expected after a doubling in sales. Computer group Juniper rose $1.86 to 59.75 and Nortel Network increased 21 cents to $14.10. Hewlett-Packard advanced $1.26 ...