<FONT COLOR=BLUE>MARKET SNAPSHOT--Rebound in store for U.S. shares
Markets to keep eye on oil prices
By Julie Rannazzisi, CBS.MarketWatch.com
Last Update: 8:15 AM ET Oct 13, 2000 NewsWatch
Latest headlines
NEW YORK (CBS.MW) - Shares are set for an open on the upside Friday following the bloodbath Thursday that enveloped the entire market.
December S&P 500 futures rose 3.60 points, or 0.3 percent, and were trading roughly 3.80 points above fair value, according to HL Camp & Co. Nasdaq futures, meanwhile, added 23.50 points, or 0.8 percent.
Meanwhile, the market will have lots of economic news to process on Friday. The September retail sales report will be out and is seen rising by 0.6 percent, with a 0.5 percent rise excluding the volatile auto component. The producer price index will also be out, seen rising by 0.5 percent overall but just 0.1 percent at the core. View Economic Preview, economic calendar and forecasts and historical economic data.
In the bond market, the 10-year Treasury note added 1/32 to yield ($TNX: news, msgs) 5.715 percent while the 30-year bond shed 3/32 to yield ($TYX: news, msgs) 5.82 percent. |
