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Technology Stocks : Semi Equipment Analysis

SOXX 318.06

+1.4%

Jan 5 4:00 PM EST

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To: Donald Wennerstrom who wrote (29373)	3/15/2006 9:07:42 PM
From: Donald Wennerstrom	of 95675

S&P 500 breaches 1,300 mark Broad gauge at May 2001 high after Fed Beige Book By Mark Cotton & Leslie Wines, MarketWatch Last Update: 4:35 PM ET Mar 15, 2006 NEW YORK (MarketWatch) -- U.S. stocks rallied to a higher close Wednesday, with the S&P 500 breaching the 1,300 mark for the first time since May 2001, after a Federal Reserve report showing the economy growing at a steady pace with few inflationary pressures. The report raised hopes the central bank could end its cycle of interest-rate increases. The Fed has been lifting short-term rates in a bid to slow the economy and curb inflationary pressures. [snip] marketwatch.com

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