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Non-Tech : The Dazzling and New Women of SI Thread -- Ignore unavailable to you. Want to Upgrade?

To: Rainy_Day_Woman who wrote (126)	3/28/2002 8:49:52 AM
From: Rainy_Day_Woman	Read Replies (1) \| Respond to of 228

8:40AM: Jobless claims rose 15K to 394K; this was well above Briefing.com's 375K estimate, and the consensus estimate of 373K, but will not change anyone's labor market view given that any one week's claims surprise is not enough to form a trend, particularly after the recent long stretch of stability in the claims trend.... Q4 GDP was revised up to 1.7% from 1.4%; this was stronger than expected but it's hard to care about Q4 data in late March.... Corporate profits fell 10.6% in Q4 after a 6.8% decline in Q3... Not much reaction in the futures market following the data as the S&P futures, +2.50, are 1.50 points above fair value while the Nasdaq 100 Pre-Market Indicator is up 15.62 points... Accordingly, expectations for a modestly positive open remain intact.