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 : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?

To: Dealer who wrote (48026)	2/26/2002 8:21:09 AM
From: Dealer	Read Replies (2) \| Respond to of 65232

Stocks poised for small gains By Julie Rannazzisi, CBS.MarketWatch.com Last Update: 8:13 AM ET Feb 26, 2002 NEW YORK (CBS.MW) -- Shares are readying for timid gains at the open Tuesday after a powerful two-day run that pushed the Dow industrials into positive territory for the year. Checking the numbers, March S&P 500 futures rose 0.70 point, or 0.1 percent, and were trading 0.80 points above fair value, according to HL Camp & Co. And Nasdaq futures gained 10.50 points, or 0.7 percent. Among tech bellwethers trading before the official open: Cisco Systems, Juniper Networks, Advanced Micro Devices and Intel were all up around 10 cents. Treasury focus Government bonds clung to the flat line in early action ahead of Treasury's massive $25 billion 2-year note offering on Wednesday. The 10-year Treasury note was off 2/32 to yield ($TNX) 4.86 percent while the 30-year government bond erased 1/32 to yield ($TYX) 5.37 percent. In economic news, February consumer confidence will be out and is seen posting a 96.5 reading, down a touch from the previous month's level. The confidence number is arguably the week's most interesting release. But the focal point for investors will be Fed Chair Alan Greenspan's speech ahead of a House sub-committee. Check economic calendar and forecasts. In the currency sector, the dollar edged up 0.1 percent to 133.97 yen while the euro declined 0.1 percent to 86.83 cents. Germany's closely-watched IFO index of business confidence rose unexpectedly in February to 88.7 from January's 86.2. The surprising uptick lends credence to expectations for an economic recovery in Germany this year.