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From:scoop@mailer.money.net
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Subject:The Money.net Morning Scoop
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Date:Wed, 28 Nov 2001 03:00:39 -0800 (PST)

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<TD ALIGN="LEFT" class="indices" width="195"<&nbsp;NASDAQ 1935.97 0.00 0.00%</TD<
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&nbsp;<BR<
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<span class="mstorydesc"<All in all, a pretty good day. The shorts must be getting frustrated. Even with a 40% run in the Nasdaq since mid-Sep, a lower-than-expected Consumer Confidence Report could not take a large bite out of the index. The market opened lower, then&nbsp;the Consumer Confidence report came in below expectations, sending the market lower.&nbsp;This&nbsp;report is a key gauge for consumer spending as we enter the&nbsp;important holiday shopping season. The&nbsp;number came in at 82.2, vs consensus of 86.5 and vs 85.5 in October --&nbsp;consistent with the weakening&nbsp;labor market. The rise in the expectations component (74.6 vs 70.7 in Oct) is tied less to improved conditions than an increase in those... <br<
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