Holding Course

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This week’s meeting of the Federal Reserve loomed over the markets last week, which showed little movement. Investors were buoyed by a Commerce Department report Friday that had new home sales dropping 10.5 percent in February. A slowing economy, as indicated by the report, might prompt the Fed to raise rates only a quarter point to 4.25 percent. While hovering around its starting point all week, the Dow closed relatively flat at 11,279.97, a gain of 1.04

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