No indication of a repeat of Tuesday's rally this morning. The
S&P 500 futures on
lately were down 1 to 1353, about 18 points below fair value as calculated by
. The thinly traded
futures were down 30 points to 2695, almost 110 points below fair value as calculated by
Meanwhile, in preopen trading on electronic brokerage
was rebounding a bit from the fall it caused in yesterday's regular session. The stock
warned after the record-setting rally Tuesday and sent everything tech back down.
still hasn't recovered and lately was down $2.69 to $54.
warning and announcing job cuts last night,
hadn't traded yet this morning. Neither had
, which said its 2000 earnings would miss estimates by
a lot. It lately had been offered at $11, which would be down 56 cents.
Europe's major indices were mixed at midsession, but those rallying were starting to fade. France's
was barely higher, up 0.02%, Germany's
was up 0.14% and the U.K.'s
was 0.65% lower. Japan's
lost 1.14% overnight, while Hong Kong's
For Wednesday's postclose trading, see The Night Watch.