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 : Sharck Soup -- Ignore unavailable to you. Want to Upgrade?

To: 2MAR$ who wrote (15905)	4/12/2001 8:35:56 AM
From: 2MAR$	Respond to of 37746

Consumer Spending Weaker Than Expected Edited by Ray Hennessey Of DOW JONES NEWSWIRES (Call Us: 201 938-5299; All Times Eastern) MARKET TALK can be found using code N/DJMT 8:35 (Dow Jones) Consumer spending was weaker than expected. March retail sales down 0.2%, ex-auto down 0.1%. Probably not enough to spark intermeeting rate cut talk, but suggests more easing is needed to prop up consumption. (BB) 8:30 (Dow Jones) Stocks look to open higher, though this morning is likely to be dominated by economic data, notably the one-two punch of producer price and retail sales data, with jobless claims to come later. Anything that might suggest more fears of a recession could rock stocks. Among big-name earnings news, GE (GE) met 1Q operating estimates of 30 cents a share. (RJH) (END) DOW JONES NEWS 04-12-01 08:35 AM * end of story *