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Strategies & Market Trends : Stock Attack II - A Complete Analysis
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To: dennis michael patterson who wrote (14438)8/10/2001 8:40:56 AM
From: Paul Shread  Read Replies (2) of 52237
 
Briefing's not taking it seriously, but CNBC actually talked about it, Kathleen Hays and someone in the bond pits.

08:32 ET Economic Data : PPI fell 0.9% in July vs -0.3% consensus, but core rate rose 0.2%, which was a bit higher than the 0.1% consensus. The larger than expected decline in total PPI was an energy story and of little importance. The slightly larger than expected increase in the core will limit any positive reaction; both the S&P and Nasdaq futures briefly edged higher but are now below pre-release levels and indicating a roughly flat open.
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