9.84%QQQQ 30.60 8.96%XLF 15.45 10.85%
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NEW YORK - Shares of electrical equipment companies were lifted at market open as the broader market advanced ahead of the Federal Reserve's decision on interest rates.
In sector news, Thomas & Betts Corp. said late Tuesday it sold its minority stake in Leviton Manufacturing Co. for $300 million. The company said the sale will boost its earnings by $1.70 per share in the second quarter.
Here's how some shares of electrical equipment makers are performing:
Thomas & Betts, up $1.29, or 3.4 percent, to $38.96.
Amphenol Corp., up 46 cents to $48.14.
Molex Inc., up 19 cents to $26.24.
Emerson Electric Co., up 31 cents to $51.26.
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