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Re: SPARK post# 5803

Tuesday, 08/24/2004 12:19:14 PM

Tuesday, August 24, 2004 12:19:14 PM

Post# of 312722
Market Events

12:00 ET Dow +13, Nasdaq -6, S&P -0.51: [BRIEFING.COM] For a second straight day the indices are hovering near unchanged on low volume...the indices opened higher as oil prices eased and there was little corporate news...as the morning progressed, the SOX semiconductor index sagged, and brought the overall market lower...now, the S&P is virtually unchanged...the Dow is outperforming, helped by gains in Caterpillar (CAT 73.10 +1.05), which got upgraded by Goldman Sachs to "outperform"...the Nasdaq is underperforming on weakness in semiconductors, as the SOX is down 2.4%...the October crude futures contract is now down 17 cents at $45.88...advancers are nearly even with declining issues... Nasdaq -6... NYSE Adv/Dec 1593/1482... Nasdaq Adv/Dec 1438/1396.




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