M A R K E T .. S N A P S H O T -- Investors look to make it three in a row
By Julie Rannazzisi, CBS.MarketWatch.com
Last Update: 7:45 AM ET Sep 26, 2001
NEW YORK (CBS.MW) -- Investors are looking to extend the market's winning streak to three consecutive sessions Wednesday even as they wade through more profit warnings, including one from Textron.
December S&P 500 futures rose 0.80 point, or 0.1 percent, and were trading about 3.60 points above fair value, according to HL Camp & Co. And Nasdaq futures put on 5.00 points, or 0.4 percent.
Treasury prices continued to ascend, adding to Tuesday's decent, across-the-board gains.
The 10-year Treasury note was up 5/32 to yield ($TNX) 4.68 percent while the 30-year government bond gained 7/32 to yield ($TYX) 5.55 percent.
No economic news is set for release on Wednesday. Later in the week, investors will chew on durable goods orders, new home sales, the Michigan consumer sentiment index and the Chicago Purchasing Mangers Index. Read and check economic calendar and forecasts.
In the currency segment, the dollar added 0.3 percent to 117.89 yen while the euro edged down 0.1 percent to 92.17 cents.
-------------------------------------------------------------------------------- |
