Dow wavers on poor industrial figures

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The Dow opened at 7,915 points, down five from yesterday's close, and fell to 7,870 before rallying to 7,905 by around 9.30am Eastern Central Time.

The movements followed the Federal Reserve's announcement today US industrial performance was down 1.5% in March, its 14th fall in the last 15 months. Technology company Intel Corporation, Bank of America and Microsoft led the fall, dropping 5.37% to 15.15p, 4.96% to 9.59p and 3.77% to 18.62p, respectively. But General Motors, JP Morgan Chase and pharmaceuticals and consumables producer Proctor & Gamble all raised their share prices from the 9am EST opening. The FTSE was at 3,973 points by around 3.15pm this afternoon BST, 0.38% down on its opening value. Investment Week

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