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To: Secret_Agent_Man who wrote (234988)4/11/2003 9:04:02 AM
From: zonder  Respond to of 436258
 
[edit] Yep. But monkeys don't. "Surge", indeed <g>

8:36AM Futures get a nice lift from March retail sales data by Tomi Kilgore
June S&P futures are now up 8.10 at 879.80 and Nasdaq 100 futures are gaining 11.00 to 1,049.00, after the U.S. Commerce Department said retail sales rose an adjusted 2.1 percent in March, well above economist forecasts of a 0.8 percent rise. Prior to the release of the data, S&P futures were around 875.50 and Nasdaq futures were around 1,043.50.



To: Secret_Agent_Man who wrote (234988)4/11/2003 10:34:08 AM
From: pogbull  Respond to of 436258
 
The "seasonally adjusted 2.1%" must not have been enough so they had to go back in and make another adjustment for Easter:

"the government data are adjusted to account for this year's late Easter holiday"


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