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Technology Stocks : America On-Line (AOL)

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To: BomboochaBoy who wrote (9505)4/5/1999 6:38:00 PM
From: Venditâ„¢  Read Replies (3) of 41369
 
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U.S. stock index futures end sharply higher

CHICAGO, April 5 (Reuters) - U.S. stock index futures ended sharply higher in a delayed reaction to Friday's U.S. March employment data which confirmed that the U.S. economy was growing at a strong pace, with few inflationary pressures.


''Everyone went home for the holidays a little too short,'' one trader said.

Traders did not have a chance to cover short positions immediately after the U.S. labor data were released as trading in U.S. stocks was shut for the Good Friday holiday.

Short-covering was strong on Monday, lifting June Standard & Poor's 500 futures 31.20 points to 1,333.90 before the close.

biz.yahoo.com

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