G-TA: Wednesday 05/10/2006

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G-TA

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Close:  closed

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The Futures -  09:15 am : S&P futures vs fair value: flat. Nasdaq futures vs fair value: -1.0.

09:00 am : S&P futures vs fair value: +0.1. Nasdaq futures vs fair value: -1.0.  Futures trade continues to signal a rather subdued start for the indices. While anticipation ahead of the FOMC decision and policy directive at 2:15 ET is dictating trading action within both the stock and bond markets, the reserved tone can also be attributed to the fact there's still no relief on the commodity front, as gold prices are at 25-yr highs, copper is at historic levels and crude oil is still above $70 a barrel ahead of inventory data at 10:30 ET.
http://finance.yahoo.com/mo

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