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To: Susan Saline who wrote (23904)	7/27/2000 9:22:50 AM
From: Kelvin Taylor	Respond to of 53068

U.S. labor costs rose in the second quarter at a slower pace than in the first three months of the year, in line with expectations. Productivity-adjusted employment costs are rising more slowly than the overall inflation rate. Orders for durable goods registered the largest increase in almost a decade last month. Compared with a year earlier, June orders were up 23%. Equity futures suggest slightly positive openings for the S&P 500 and the Dow. Nasdaq futures suggest that technology will open lower.