Closing Glance: Telecom equipment stocks climb

Shares of telecommunications service providers closed Wednesday on a high note as solid quarterly results from Intel, JPMorgan and Coca-Cola offered relief to investors worried about the health of the economy.

Here is how some key telecom equipment stocks performed Wednesday:

Cisco Systems Inc. rose 72 cents, or 3.1 percent, to $23.83.

Alcatel-Lucent American Depositary Shares rose 26 cents, or 4.5 percent, to $6.04.

Nortel Networks Corp. rose 21 cents, or 3.1 percent, to $7.06.

Juniper Networks Inc. rose 88 cents, or 3.9 percent, to $23.61.