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Strategies & Market Trends : Sharck Soup

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To: Sharck who started this subject6/7/2001 10:05:20 AM
From: besttrader   of 37746
 
10:00 ET Dow +2, Nasdaq +11, S&P +0.11: [BRIEFING.COM] Indices are little changed, but showing some good resilience in the early-going as they have been quick to bounce back from an initial dip... Outperformance of the semiconductor stocks is a key factor contributing to the buying interest... Presently, the SOX Index is up 2.9% with Intel (INTC +0.70) sporting a positive bias ahead of its mid-quarter update... That leaning is helping to prop up the Dow, which is also getting support from United Technologies (UTX +1.30), Procter & Gamble (PG +0.84) and Microsoft (MSFT +0.45)... Sluggish showing from the banks, and a weak start for the retail sector, is acting as a restraint on the broader market... NYSE Adv/Dec 1125/1159... Nasdaq Adv/Dec 1227/1390.
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