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Friday, June 10, 2005

Weekly Wrap

Weekly Wrap
Briefing.com
Friday, June 10, 2005 17:55 ET
It was a mixed week. The Dow and S&P rose fractionally while the Nasdaq fell 0.4%.

The biggest events of the week were two speeches by Federal Reserve Chairman Greenspan and mid-quarter updates from Texas Instruments and Intel. Although all of these were bullish, they provided little boost to the overall market.

The other good news this week came from upbeat mid-quarter reports from semiconductor companies Texas Instruments and Intel.

There are also some big economic reports scheduled next week as well. PPI is due on Tuesday, and CPI on Wednesday. The core rate on each will be closely watched for inflation trends.
Read further:
Briefing: After-Hours Report Archive (paid subscription required)

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