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Wednesday, June 22, 2005

Stocks Face Early Strength

Stocks Face Early Strength
TheStreet.com
By Robert Holmes

6/22/2005 7:57 AM EDT
Stocks reprised their high-wire act ahead of the bell Wednesday, climbing despite a profit earning at Ford (F:NYSE) and stubbornly expensive oil. Index futures recently showed the S&P 500 trading about 5 points above fair value while the Nasdaq 100 was set for an 8-point jump. The 10-year Treasury bond jumped 11/32 in price to yield 3.99%, while the dollar was lower against the yen and euro.
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TheStreet.com: Stocks Face Early Strength

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