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Wednesday, January 17, 2007

Equities in Focus During Report Heavy Week

S&P – March S&P futures rallied over the last three days to make new contract highs yesterday. Last week the technical outlook looked grim for the equities, namely the S&P, which looked as though it may have double-topped. As of the close of electronic trading this morning, the market was off two and a half points, erasing overnight gains, as the PPI data was inflationary. Read More....