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


To: Dealer who wrote (31790)2/23/2001 7:37:27 AM
From: Dealer  Respond to of 65232
 
M A R K E T .. S N A P S H O T -- Investors get no relief
By Julie Rannazzisi, CBS.MarketWatch.com
Last Update: 7:23 AM ET Feb 23, 2001

NEW YORK (CBS.MW) - U.S. markets are readying for another sloppy open Friday with weakness again creeping up in the tech sector despite four down days for the Nasdaq.

March S&P 500 futures shed 1.00 point, or 0.1 percent, and were trading about 40 points above fair value, according to HL Camp & Co. Nasdaq futures, meanwhile, gave up 14.50 points, or 0.7 percent.

Over in the bond arena, the 10-year Treasury note was off 1/32 to yield ($TNX) 5.16 percent while the 30-year government bond gave up 1/32 to yield ($TYX) 5.53 percent.

No economic news is set for release Friday. View Economic Preview, economic calendar and forecasts and historical economic data.

In the currency arena, dollar/yen edged down 0.1 percent to 116.72 while euro/dollar was flat around 0.9037.