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

To: Dealer who wrote (44235)	11/15/2001 8:27:52 AM
From: Dealer	Respond to of 65232

M A R K E T .. S N A P S H O T -- Can techs find more sponsorship? Blue chips looking up By Julie Rannazzisi, CBS.MarketWatch.com Last Update: 7:31 AM ET Nov. 15, 2001 NEW YORK (CBS.MW) -- Techs are looking to extend their winning streak to five straight days and the Dow Industrials to three on Thursday ahead of a string of economic news and after a significant run-up this week. December S&P 500 futures gained 3.50 points, or 0.3 percent, and were trading about 4.80 points above fair value, according to HL Camp & Co. Nasdaq futures rose 1.50 points, or 0.1 percent, while the Dow Jones Indicative Index climbed 24 points, or 0.2 percent, to 9,848. Among shares changing hands in the pre-open, Amazon (AMZN: news, chart, profile) added 8 cents to $9.57 in Europe after tacking on a smashing 30.2- percent on Wednesday. See Indications. In the government bond arena, prices slid for the fifth straight session as recovery expectations continued to keep the bulls sidelined. The 10-year Treasury note was off 19/32 to yield ($TNX: news, chart, profile) 4.60 percent while the 30-year government bond backpedaled 17/32 to yield ($TYX: news, chart, profile) 5.06 percent. A string of economic reports are on tap Thursday: weekly initial claims, expected at 469,000, September business inventories, seen declining 0.3 percent, and the Philly Fed index for November, expected at negative 22. Check economic calendar and forecasts. In the currency sector, the dollar climbed 0.7 percent to 122.34 yen while the euro slipped 0.1 percent to 88.20 cents. Julie Rannazzisi is markets editor for CBS.MarketWatch.com in New York.