The Thread Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Thread

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: stan s. who started this subject	9/22/2000 12:35:27 PM
From: Joe Hoek	of 49816

I think this guy should have been a sports writer with his writing style: dailynews.yahoo.com NEW YORK (Reuters) - U.S. Treasuries were whipsawed on Friday as battered technology stocks staged a partial recovery from steep earlier losses and after the world's industrial powers intervened to boost the beleaguered European common currency. Trading was volatile as the bond market was sucked into a whirlwind of competing forces in the equity, oil and currency markets. Treasuries rose overnight after a post-closing bell warning from U.S. chip maker Intel Corp. (NasdaqNM:INTC - news) that it would miss its revenue forecasts. The warning hurt global equities, spurring safe-haven buying of bonds. But Treasuries fell back, erasing those gains after European, Japanese, Canadian and U.S. monetary officials stepped into the foreign exchange market to support the ailing euro. The intervention helped boost the euro above 90 cents, but the currency eased back below 88 cents in late morning trading. <cut>

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next