1.   Although major market gauges all eked out gains to new highs, more stocks fell than rose on the New York Stock Exchange.

2.   As a result, the Dow has been in the unusual position of trailing lesser-known market gauges.

3.   Before the Fed made its midafternoon announcement, major market gauges were all solidly higher.

4.   Before the closing bell, though, happy investors had pushed the key market gauges higher once again.

5.   Big technology stocks and Internet issues led the main market gauges lower.

6.   All three market gauges set records earlier this week.

7.   All three market gauges, and Intel, set records in the holiday-shortened week.

8.   All three major market gauges rose amid hopes the economy is slowing enough to permit the Fed to lower rates.

9.   Broader market gauges also declined.

10.   Broader market gauges also fell.