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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: Dealer who wrote (36474)	5/1/2001 8:30:10 AM
From: Dealer	Read Replies (2) of 65232

M A R K E T .. S N A P S H O T -- U.S. stocks poised for mixed open By Julie Rannazzisi, CBS.MarketWatch.com Last Update: 7:28 AM ET May 1, 2001 NEW YORK (CBS.MW) - The stock market is looking to open on the steady side Tuesday with little action in the pre-market and investors maintaining a wait-and-see attitude. There will be a couple of economic numbers to process Tuesday morning: the National Association of Purchasing Management Index, seen coming in at 43.8 percent; and March construction spending, expected to rise 0.4 percent. View Economic Preview and economic calendar and forecasts. June S&P 500 futures gave up 2.90 points, or 0.2 percent, and were trading about 2.90 points below fair value, according to HL Camp & Co. Nasdaq futures, meanwhile, were near flat, edging up 0.50 point. In the Treasury arena, prices struggled across the board. The 10-year Treasury note was off 1/8 to yield ($TNX) 5.355 percent while the 30-year government bond shed 6/32 to yield ($TYX) 5.80 percent. In the currency segment, dollar/yen gave up 0.7 percent to 122.61 while euro/dollar edged down 0.2 percent to 0.8869. --------------------------------------------------------------------------------

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