Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?

To: Dealer who wrote (15791)	11/14/2000 7:59:19 AM
From: Dealer	Respond to of 65232

<FONT COLOR=BLUE>MARKET SNAPSHOT--Looking for a bounce Futures markets point to upside potential By Julie Rannazzisi, CBS.MarketWatch.com Last Update: 7:56 AM ET Nov 14, 2000 NEW YORK (CBS.MW) - Stocks are set for a bounce at the start of trading Tuesday with investors taking a calmer approach following Monday's tumultuous trading activity that initially saw shares fall sharply, only to recover the bulk of the losses by the end of the session. December S&P 500 futures climbed 4.70 points, or 0.3 percent, and were trading roughly 7.40 points above fair value, according to figures provided by HL Camp & Co. Nasdaq futures, meanwhile, gained 41.00 points, or 1.4 percent. In shares trading before the official start of trading, Hewlett-Packard (HWP) edged up 63 cents to $34.75 after Monday's rout that saw the stock lose 13 percent of its value. The 10-year Treasury note slipped 1/8 to yield ($TNX) 5.78 percent while the 30-year government bond was off 6/32 to yield ($TYX) 5.85 percent. Tuesday will see the release of October retail sales, seen rising by 0.1 percent. Retail sales grew by a hefty 0.9 percent in September due to a jump in auto sales. and view Economic Preview, economic calendar and forecasts and historical economic data. In the currency arena, dollar/yen climbed 0.3 percent to 107.85 while euro/dollar added 0.2 percent 0.8585.