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Strategies & Market Trends : Galapagos Islands

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To: Lizzie Tudor who wrote (16538)12/13/2002 3:32:18 PM
From: quote 007  Read Replies (1) of 57110
 
friend of your??? VBG

DJ Stock Market Has One Good Week Left In The Year - Briggs

12/13/2002
Dow Jones News Services
(Copyright © 2002 Dow Jones & Company, Inc.)


NEW YORK (Dow Jones)--Market has one good week left for the year, said David Briggs, senior vice president of Federated Investors.

In an interview with CNBC Friday, Briggs said in the next two weeks, the stock market should firm up and rise out of "tradition." He said, however, he doesn't see any new highs being formed.

Briggs said the markets have been down for the past two weeks, held down by negative economic news.

The dollar has also weakened against the Euro, weakening U.S. equities as well.

-By Roger Cheng, Dow Jones Newswires; 201-938-5393; roger.cheng@dowjones.com


(END) Dow Jones Newswires

12-13-02 1523ET
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