Intel Corporation (INTC) 22.25 0.00

Stocks gained more Wednesday following a mild February inflation report, which was consistent with the Fed's reiterated pledge of continuing low interest rates. The DJIA climbed 44 points to close at 10,734, breaking above resistance at 10,724.

Although the Fed’s policy statement yesterday packed few surprises, traders were relieved that the Fed had voted to keep interest rates at exceptionally low levels.  Traders also took a breather from news that Standard & Poor’s had taken Greece off its “creditwatch negative" rating.

The news from the Fed was a little better than expected, and stocks climbed more yesterday. The DJIA closed up 44 points at 10,686, having touched 10,694 intraday. SmarTrend(R) indicators had barely retreated to high plateaus when the Fed report was issued, but it was enough to cause yesterday's moderate price surge, which is likely to continue today.

(EMAILWIRE.COM, March 17, 2010 ) Dallas, Tx - Intel Corporation (NASDAQ:INTC) is up 3.92% to $22 on 123.06 million shares on expectations that robust Asian sales and a rebound in corporate spending will help the chipmaker beat current-quarter earnings estimates.