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Taking Stock: Chips and Equipment trail the S&P 500 as it hit a New High for the Year and is up 3%

 VLSIresearch
  22nd-Mar-2010
Description: Chipmaking stocks rose for the 3rd straight week, but lost momentum late in the week as investors took a step back after a strong run. Renewed concerns about Greece’s ability to pay its debt and Palm’s worse-than expected quarterly loss took the wind out of the market’s sails. The positive; there is a modest improvement in the job market and businesses are beginning to spend again, albeit at low levels. Inflation is still is under control, which will keep interest rates low in the coming months.
Views: 1648
Domain: Electronics
Category: Business
Contents:
Taking Stock: Chipmaking stocks rose for the third straight week, but they lost
momentum late in the week as investors took a step back after a strong run. Renewed concerns about Greece's ability to pay its debt and Palm's worse-thanexpected quarterly loss took the wind out of the market's sails. The positives are that there is a modest improvement in the job market and businesses are beginning t ... See more

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