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Dow 10,440.28 +42.99 (+0.41%)
Nasdaq 2,131.54 +10.77 (+0.51%)
S&P 500 1,209.29 +4.19 (+0.35%)
10-Yr Bond 4.154 -0.35 (-0.84%)
NYSE Volume 855,722,000
Nasdaq Volume 690,187,000
1:00PM: Market continues to trudge along as conviction on both the buy-side and sell-side is lacking... Outside of the attention being paid to Hurricane Katrina, the lack of conviction in the equity market can be attributed to the vacation factor as many participants are either out of the office, or are thinking about being out of the office, for the upcoming Labor Day weekend.... Additionally, participants may be sitting on their wallets deliberately knowing that the influential employment report (for August) is due to be released on Friday...
Briefing.com expects to hear that 215K positions were added to nonfarm payrolls while the market is expecting an increase of 190K... NYSE Adv/Dec 1409/1707, Nasdaq Adv/Dec 1248/1623
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