The preopen trading session was shaping up as a quiet one, with fractional moves in some tech bellwethers.
was lately trading at $123.75 on
, up a notch from Monday's close of $123.25 in regular trading.
traded at $60.25 on Instinet, up from $60.06 in regular trading after coming under pressure from concerns about sales demand from phone companies.
S&P 500 futures on
lately were up 4.2 to 1471, about 7 points above fair value and indicating some strength at the open. The thinly traded
futures were up 39.6 to 3682.5.
Europe's major indices were slipping, with France's
down 0.7%, Germany's
off 0.4% and the U.K.'s
down 0.4% (see today's
European Midday Update for more). Japan's
lost 0.8% overnight, while Hong Kong's
slipped 0.4% (see today's
Asian Markets Update for more).
Elsewhere in preopen
was up 19 cents to $47.50, from a regular trading close of $47.31 on a thin 2,000 shares.
was up 44 cents to $66.50, from a close of $66.06, also on a mere 2,000 shares.
For Monday's postclose trading, see The Night Watch.