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

To: Dealer who wrote (44186)	11/13/2001 8:11:42 AM
From: Dealer	Respond to of 65232

M A R K E T .. S N A P S H O T -- U.S. investors show enthusiasm By Julie Rannazzisi, CBS.MarketWatch.com Last Update: 7:45 AM ET Nov 13, 2001 NEW YORK (CBS.MW) -- Investors displayed enthusiasm on Tuesday as news trickled in that Taliban military forces appeared to have abandoned the Afghan capital of Kabul. Opposition Northern Alliance forces had begun moving into the city in pickup trucks loaded with soldiers, according to the Associated Press. Glancing at the futures markets, December S&P 500 futures jumped 12.90 points, or 1.2 percent, and were trading about 8.10 points above fair value, according to HL Camp & Co. Nasdaq futures climbed 33.50 points, or 2.2 percent, while the Dow Jones Indicative Index erased 23 points, or 0.3 percent, to 9,530. Among shares seeing activity in early dealings, Oracle (ORCL) shed 3 percent in European trading to $14.96, off 44 cents. CEO Larry Ellison said at a Comdex presentation Monday that the software giant would miss the Wall Street consensus estimate for its fiscal second quarter. In the Treasury arena, prices traded lower after taking the day off on Monday to observe Veteran's Day. The 10-year Treasury note was down 1/4 to yield ($TNX) 4.33 percent while the 30-year government bond erased 17/32 to yield ($TYX) 4.91 percent. No economic news is due out on Tuesday. The week's kingpin -- the October retail sales report -- is due out on Wednesday. Check economic calendar and forecasts. In the currency sector, the dollar put on 0.6 percent to 121.28 yen while the euro slid 1.1 percent to 88.41 cents.