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Politics : Formerly About Advanced Micro Devices
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From: tejek12/12/2007 1:08:01 PM
   of 1581539
 
1:00 pm : Enthusiasm for the Fed's plan to add liquidity is fading. Although still posting modest gains, the Dow, Nasdaq and S&P have fallen 213, 37 and 24 points, respectively, from their session highs to their current levels.

The financial sector (-1.1%) continues to struggle as investors question whether the new plan will solve the market's liquidity woes. Consumer discretionary (-0.1%), which was also a laggard yesterday, has fallen into negative territory.

As stocks give up gains, some selling interest in bonds is fading.DJ30 +58.85 NASDAQ +22.67 SP500 +10.02 NASDAQ Dec/Adv/Vol 1211/1693/1.05 bln NYSE Dec/Adv/Vol 1197/1893/750 mln
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