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Strategies & Market Trends : Sharck Soup
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To: Sharck who started this subject1/26/2001 8:40:41 AM
From: just hit it   of 37746
 
Economic Data : Durable Orders reported at +2.2%, well above the consensus estimate of -1.5%.

U.S. Markets : S&P futures trading at 1358, 7.0 points below fair value, Nasdaq 100 futures trading at 2574, 42.0 points below fair value. Bonds -2/32 at 5.595%.
European Markets : FTSE -0.39%, DAX -0.96% -- European stocks fell after Ericsson AB forecast slower sales growth so knocking down telecom equipment and semiconductor makers such as ALA, MONI, PHG, NOK and ARM. BKHM lost fifth of its value after announcing a greater than expected Q4 loss. Oil companies rose in line with crude prices on the view OPEC will cut production in March. Defensive stocks like BAT performed well.
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