Friday, August 15, 2003 :::
 

S&P futures had basically recovered by 5 hours later. Consumer Prices looked like Producer Prices, with the core rates .1% higher than expected and the overall rates on target. New York manufacturing was worse than expected. Consumer confidence report has been delayed till Tuesday for some reason. (That's to be a preliminary figure anyway.) Energy company stocks didn't do anything terribly interesting on open.

Today's an options expiration date, and there was some concern being expressed that a lot of excercises could create a clearing backlog; a lot of the clearing companies may not be up. (A number of clearing companies were in the WTC, which is part of the reason why the stock market was closed for so long two Septembers ago.)

::: posted by dWj at 10:05 AM

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