Productivity gains cap rising living standards
Americans posted the best productivity gain since 1983 for 2000, with 2.4 percent growth in Q4 and a 4.3 percent rise for the year. Analysts credit business investment in high tech and note a five-year stretch of 2.8 percent average productivity growth, supporting living standards despite a slow economy.
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Tech stocks fall on Cisco earnings shock
New York AP: Cisco Systems earnings disappointment triggers broad tech selling. Nasdaq falls 56.67, to 2607.82. S&P 500 down 11.37 to 1340.89. Dow slips 10.70 to 10946.72 as Cisco drops 13 percent to 31.06. Microsoft and IBM rise, signaling selective strength amid sector weakness.
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Mscsco01
Xcelera
McDatawi
Ispatiatl
BellMics
HALO
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SierrPac
Hisheart
Speedema
Keithley S
BioLabs
Selectras
Ciscos
Intels
GreyWolf
JDS Unis
Texinsts
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DellCptr
Motorolas
Devone
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Corn
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the Market IN Review
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Vy Tw. Home Furnishings
Home Furnishings
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Ftaa E Rae
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Christiansburg
Laurel Street
Rome
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