Dear Bears, You're Blowing It Big Time

So Cisco announces horrible earnings guidance and plunges 15% and this is it?

The S&P 500 is down about 0.6%. The NASDAQ, of which Cisco is a huge component, is off just over 1%.

Weak.

polar bear melting ice

Photo: Associated Press

NOW WATCH: Money & Markets videos

Business Insider Emails & Alerts

Site highlights each day to your inbox.

Follow Business Insider Australia on Facebook, Twitter, LinkedIn, and Instagram.