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Investment Figures of the Week
Investment Figures of the Week
U.S. stocks turned in a mixed performance this week. The Dow Jones industrials
hit new highs once again. But the broader-based S&P 500 index, hampered by
earnings disappointments in some big high-tech stocks, such as Intel, was
unable to follow suit. Interest rates rose in response to a sharp rise in
commodity prices--especially oil--and talk that the Federal Reserve was about
to tighten. East Asian equity markets rebounded from recent profit-taking,
while shares in London posted a new record.