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To: Dealer who wrote (25341)	7/14/2000 8:13:38 AM
From: Dealer	Respond to of 35685

MARKET SNAPSHOT Market waits for key data PPI, retail sales ahead By Julie Rannazzisi, CBS.MarketWatch.com Last Update: 7:48 AM ET Jul 14, 2000 NewsWatch Latest headlines NEW YORK (CBS.MW) - U.S. shares are looking for an open on the flat side Friday ahead of some important news on the economic front. Investors will also continue to digest earnings releases, which thus far has generated great deal of buying interest in technology issues. September S&P 500 futures rose 2.40 points, or 0.2 percent, and were trading roughly 0.70 point above fair value, according to figures provided by HL Camp & Co. Nasdaq futures added 9.50 points, or 0.2 percent. In the meantime, the market is awaiting a plethora of earnings releases Friday: The June producer price index, seen rising 0.6 percent with a 0.1 percent increase at the core; June retail sales, expected to increase by 0.3 percent with a 0.3 percent advance excluding autos; June industrial production, seen increasing by 0.3 percent; and capacity utilization, expected at 82.1 percent. View Economic Preview, economic calendar and forecasts and historical economic data. Bond markets were quiet ahead of the flurry of data Thursday morning following a stellar rally on Thursday that benefited the 30-year Treasury issue in particular. The 10-year Treasury note lost 1/32 to yield 6.00 percent while the 30-year bond added 1/8 to yield 5.82 percent. See Bond Report. In the currency arena, dollar/yen edged down 0.1 percent to 107.92 while euro/dollar fell for the fourth consecutive session, losing 0.3 percent to 0.9341. See latest currency rates. -------------------------------------------------------------------------------- Julie Rannazzisi is markets editor for CBS.MarketWatch.com.