Stock Market Update - Mon Feb 26 09:00:01 UTC 2007

Mon Feb 26, 2007 4:00am EST
 
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 [BRIEFING.COM] S&P futures vs fair value: +4.2. Nasdaq futures vs fair value: +9.8.  The stage remains set for stocks to open sharply higher as news of the largest private-equity deal ever helps to silence concerns about current valuations and recent talks that a correction or consolidation is long overdue. Meanwhile, Apple (AAPL) is up 1% in pre-market action following upbeat commentary out of Goldman Sachs about iPhone sales prospects. Technology is getting an additional boost from Yahoo! (YHOO) after comScore said ad click through rates have risen after the launch of Project Panama. NYSE Adv/Dec NA/NA...Nasdaq Adv/Dec NA/NA

 

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