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

To: Dealer who wrote (35297)	4/5/2001 7:52:54 AM
From: Dealer	Respond to of 65232

M A R K E T .. S N A P S H O T -- Stocks to post solid gains Very positive open in store By Julie Rannazzisi, CBS.MarketWatch.com Last Update: 7:19 AM ET Apr 5, 2001 NEW YORK (CBS.MW) - The bulls appear to be saying enough is enough and have stepped up in the pre-market to take prices of tech stocks higher Thursday. On their part, futures markets are signaling smashing gains for the open. June S&P 500 futures rallied 20.00 points, or a whopping 1.8 percent, and were trading 21.10 points above fair value, according to HL Camp & Co. Nasdaq futures climbed 42.00 points, or 3 percent. Not surprisingly, government bonds slipped as investors anticipated lofty gains in equities. The 10-year Treasury note was off 2/32 to yield ($TNX) 4.93 percent while the 30-year government bond shed 1/8 to yield ($TYX) 5.49 percent. Thursday's economic calendar is extremely light, with only weekly jobless claims on tap. The week's main event is Friday's employment report for March, which includes the release of non-farm payrolls, the unemployment rate and average hourly earnings. View Economic Preview and economic calendar and forecasts. In the currency arena, dollar/yen climbed 0.9 percent to 124.09 while euro/dollar edged up 0.1 percent to 0.9017.