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

To: Dealer who wrote (47569)	2/8/2002 7:55:21 AM
From: Dealer	Respond to of 65232

M A R K E T .. S N A P S H O T -- Stocks look to break losing streak By Julie Rannazzisi, CBS.MarketWatch.com Last Update: 7:53 AM ET Feb 8, 2002 NEW YORK (CBS.MW) -- U.S. stocks are looking to break a nasty five-day losing streak Friday that sent the Nasdaq to its lowest close since early November. March S&P 500 futures rose 2.80 points, or 0.3 percent, but were trading 0.60 point below fair value, according to HL Camp & Co. And Nasdaq futures lifted by 10.00 points, or 0.7 percent and were trading 8.30 points above fair value. Government bonds again traded lower, with the 10-year Treasury note off 1/32 to yield ($TNX) 4.94 percent while the 30-year government bond erased 9/32 to yield ($TYX) 5.43 percent. Friday will see the second-tier release of December wholesale trade. Check economic calendar and forecasts. In the currency sector, the dollar added 0.4 percent to 134.23 yen while the euro gained 0.5 percent to 87.42 cents.