Friday, January 14, 2005
Volatility continues (in a tight range)
Stoxx opened lower (2925), despite a strong Samsung and Jap mach orders but climbed steeply to 2950 in an hour. That level held firm as PPI #s and business inventories were announced at 14.30. Right now (14:33) stoxx50 futures trade at 2953 - one point below today's highs.