SI
SI
discoversearch

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 (34683)3/27/2001 7:59:05 AM
From: Dealer  Respond to of 65232
 
M A R K E T .. S N A P S H O T -- Stocks poised for another bounce
By Julie Rannazzisi, CBS.MarketWatch.com
Last Update: 7:24 AM ET Mar 27, 2001

NEW YORK (CBS.MW) - The Dow Industrials is looking to extend its winning streak to three straight days as the futures markets point to another positive start for the averages on Tuesday.

June S&P 500 futures gained 2.90 points, or 0.2 percent, and were trading roughly 7.80 points above fair value, according to HL Camp & Co. Nasdaq futures also headed north, putting on 26.50 points, or 1.6 percent.

In the government arena, prices extended gains right out of the chute.

The 10-year Treasury note was up 7/32 to yield ($TNX) 4.84 percent while the 30-year government bond added 9/32 to yield ($TYX) 5.35 percent.

This week's kingpin on the economic front is due out Tuesday morning. March consumer confidence, set for release at 10 a.m., is expected to register a 105 reading.

February durable goods orders will also be out and are seen rising by 0.5 percent. View Economic Preview and economic calendar and forecasts.

In the currency arena, dollar/yen added 0.3 percent to 123.03 while euro/dollar edged down 0.1 percent to 0.8955.