Santa Rally

  • December 23, 1999
  • Marc Dupee

Stock index futures are rallying in the last day of a week shortened by the Christmas holiday on Friday. Nasdaq 100 futures are on the Momentum-5 List and
Dow futures are on the Pullback Off Highs List; both contracts are up sharply.

Cocoa is bouncing up off contract lows as uncertainty about political stability is being called into question this morning following wire reports that gun shorts are being fired in the capital of the largest producing nation, the Ivory Coast.

Coffee is rebounding after dropping 25 in the past two days.

Here are the highlights around noon Eastern time:






























Stock Index and Bond Futures


  • March T-bonds [USH0>USH0]: +6/32 to 91 8/32
  • March S&Ps [SPH0>SPH0]: +15.20 to 1472.70
  • March Dow futures [DJH0>DJH0]: +15.20 to 1472.70
  • March NASDAQ 100 futures [NDH0>NDH0]: +43.50 to 3663.00



Currencies


  • March dollar index futures [DXH0>DXH0]: -.52 to 101.03
  • March British pounds [BPH0>BPH0]: +.0074 to 1.6160


Energies

  • February crude oil [CLG0>CLG0]: +.15 TO 25.65


Metals


  • February gold [GCG0>GCG0]: +.3 to 289.0


Grains

  • March wheat [WH0>WH0]: +1 1/4 to 249 1/4


Meats


  • February pork bellies [PBG0>PBG0]: -.700 to 78.900



Softs and Fibers


  • March cocoa [CCH0>CCH0]: +22 to 830
  • March coffee [KCH0>KCH0]: +2.45 to 120.10