All Eyes On The Fed

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The Dow Jones industrial average held on to gains in light trading Friday as ongoing concerns about possible interest-rate hikes swirled around the market. A June 30 meeting of the Federal Reserve Board is expected to yield a clearer picture for investors, as chairman Alan Greenspan will discuss rates. The Dow ended up marginally on the week at 10,416, a gain of 6 points. Aluminum maker Alcoa was the biggest gainer among blue chips, seeing its stock value rise nearly 4 percent to $32.53.

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