Cents and Sensibility - Kimberly and Friends' Consortium Message Board

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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium

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To: Kimberly Lee who wrote (22702)	11/3/1999 1:17:00 PM
From: Jim B	Read Replies (1) of 108040

MIDDAY MARKETS: Nasdaq tops 3,000, sees clear economic outlook By Tiffany Kary ZDII Techs pierced the 3,000 mark again at midday Wednesday, as economic news cast a positive forecast on inflation, and a few deals kicked stocks in to a mild rally. The Nasdaq rose 54.29 to 3,035.92 and the Dow Jones industrial average climbed 33.64 to 10,615.48. The Inter@ctive Week @Net Index leapt 6 to 362.49. Economic news came in with a rosy outlook for inflation; U.S. factory orders fell 0.9 percent in September, further than expected. It was the index's first drop in five months, as orders for transportation products plunged. The conference board also said its index of leading indicators slipped 0.1 percent, a little more than the flat reading economists had expected. ... zdii.com looks like clear sailing the rest of the week.. though the bank thing tomorrow.. but certainly should have a nice close today and big gap up tomorrow across the board jim

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