M A R K E T .. S N A P S H O T -- U.S. shares look to bounce
By Julie Rannazzisi, CBS.MarketWatch.com
Last Update: 7:35 AM ET Apr 30, 2001
NEW YORK (CBS.MW) - Stocks are set for some more upside once trading action begins on Monday.
June S&P gained 3.00 points, or 0.2 percent, and were trading roughly 3.40 points above fair value, according to HL Camp & Co. Nasdaq futures, meanwhile, added 27.00 points, or 1.5 percent.
Over in the Treasury arena, investors kept positions close to the vest, with modest downside in the long end of the curve.
The 10-year Treasury note was off 3/32 to yield ($TNX) 5.34 percent while the 30-year government bond added 3/32 to yield ($TYX) 5.80 percent.
Monday will see the release of March personal income, seen rising 0.4 percent, and personal consumption expenditures, expected to climb 0.2 percent. View Economic Preview and economic calendar and forecasts.
In the currency arena, dollar/yen erased 0.3 percent to 123.61 while euro/dollar shed 0.5 percent to 0.8868. |
