Afternoon Markets: Dow consolidates gains after rally

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Wall Street shares were relatively flat in early morning trading as investors locked in profits as they await the Federal Reserve's interest rate decision later today.

The Dow Jones climbed by 0.38 points (0.01%) to reach 9830.25 after a solid performance yesterday where it gained 51 points. Technology stocks led the gains after Intel chief executive Paul Otellini said the worldwide computer market is pulling out of its slump and is poised for a resurgence with PC sales likely to rise. Intel led the winners, rising by 1.32% to $19.79. AT&T was in second place, rising by 1.21% to reach $26.82. General Electric shares rose by 1.22% to $17.20 after it made a bid for the transmission and distribution unit of Areva SA, a builder of nuclear reactors. ...

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