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(April 11, 2001) -- The bulls hit the brakes, but tech stocks continued to gain strength in spite of negative earnings reports. The Dow Jones Industrial Index was down slightly but remained over the 10,000 mark; the index lost 0.88% today to close down 89.30 points at 10,013.40 as investors cashed in their gains on blue-chip stocks.

The Nasdaq had another strong day, gaining 2.53% to close at 1,898.95, up 46.92, despite Motorola's report Tuesday of its first quarterly loss in 15 years and an 11% drop in first-quarter revenue, which was worse than analysts expected.

Among agencies, shares of MarchFirst continued to rise, helped by reports of an agreement to sell McKinney & Silver to France's Havas Advertising. MarchFirst shares rose to 181.82%, up 20 cents to close at 31 cents; American Depository Receipt shares of Havas rose 0.5% to close up 6 cents at $12. -- Mercedes Cardona

Copyright April 2001, Crain Communications Inc.

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