Shares of telecommunications equipment companies were little changed in morning trading Tuesday, as the broader market advanced following better-than-expected earnings from Johnson & Johnson and two financial services companies.
Inflation concerns remain, however, and crude oil prices surged to nearly $114 a barrel, stoking investor worries.
Here is how some key telecom equipment stocks performed Tuesday morning:
Cisco Systems Inc., rose 3 cents to $23.34.
Alcatel-Lucent American Depositary Shares fell 5 cents to $5.82.
Nortel Networks Corp. slid 4 cents to $6.89.
Juniper Networks Inc. fell 12 cents to $22.99.
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