Dow Jones rocky despite tech firm boost

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Wall Street trading got off to a rocky start today, with the Dow Jones fluctuating through the morning and up just 2.04 points (0.02%) to 8,766.53 shortly before 11pm.

Technology firms were boosted after chip maker Texas Instruments gave an upbeat outlook for future business prospects. Intel shares climbed 2.51% to $16.32, while IBM shares added 1.07% to $108.64. Consumer product manufacturers Kraft Food and Procter & Gamble saw their share prices fall, down 0.98% and 0.97% respectively. In London, the FTSE 100 fell back after early gains and was down 1.24 points (0.03%) to 4,403.98 shortly before 4pm. Thomas Cook shares rocketed by 8.98% to 233.5p after its German majority owner, Arcandor, revealed it had applied for bankruptcy protection. Thomas...

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