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

To: stockman_scott who wrote (45226)	12/17/2001 8:19:56 AM
From: Dealer	Respond to of 65232

M A R K E T .. S N A P S H O T -- Shares look to find their footing By Julie Rannazzisi, CBS.MarketWatch.com Last Update: 7:47 AM ET Dec 17, 2001 NEW YORK (CBS.MW) -- Shares are set to open on a better note Monday as they look to find their footing after a challenging week. Investors also have some merger announcements to ponder in a week that will be extremely light from an economic-data standpoint. The March S&P 500 futures contract edged down 0.10 point and was trading about 1.00 point above fair value, according to HL Camp & Co. Nasdaq futures inched up 3.00 points, or 0.2 percent while the Dow Jones Indicative Index gained 18 points, or 0.2 percent, to 9,829. Government bonds slumped across the board. The 10-year Treasury note was off 15/32 to yield ($TNX) 5.255 percent while the 30-year government bond fumbled 24/32 to yield ($TYX) 5.64 percent. No economic reports are set for release on Monday. Among the reports on tap this week: November housing starts and building permits, the October trade numbers, November leading economic indicators, the December Philadelphia Fed Index, the final revision to third-quarter gross domestic product, November personal income and spending numbers and the Michigan Consumer Sentiment Index. Check economic calendar and forecasts. In the currency sector, the yen continued to weaken, with the dollar gaining 0.5 percent to 127.85 yen while the euro rose 0.2 percent to 90.53 cents.