Ariva Bulle Bär Indikator für Freitag den 16.03.2007. Ich bitte um eure Einschätzung zur M

Stocks closed higher as investors bid up shares amid continued volatility, reflecting guarded optimism ahead of next week's Fed meeting.

"The mood of the market is as variable as the weather here in Manhattan, it's hot one day and cold the next. It's likely to remain that way at least through the end of the quarter," said Charles Crane, managing member wtih Scotsman Capital Management.

"What I see … is continued earnings growth, reasonable valuations, reasonable interest rates and all the reasons in the world for stocks to be higher a year from now, I don't know about a month from now, though."

< script language=JavaScript type=text/javascript>     var storehref;var store_symname ='';var array_symname = store_symname.split(',');var display_name;var new_display;     function cnbcwsod_loadchart(symbol,hrefparam,number,symbolname){          var count = number - 1;          display_name = (count>=array_symname.length) ? symbolname :                                                                    array_symname[count];                    if (display_name == '' | display_name == ' ' | display_name == 'undefined')          {               new_display = symbolname;                    }          else          {               new_display = display_name;          }          document.getElementById('cnbcchart_symbolEA1BEA').innerHTML = new_display;          document.getElementById('thumb_chartEA1BEA').src = symbol;          storehref = hrefparam;               }     function chartlinkload(){          window.location = storehref;     }< /script>

Major U.S. Indexes#004276; TEXT-DECORATION: none" href="http://www.cnbc.com/id/15837290?q=.DJIA" rel="nofollow" class="showvisited">DOW JONES IND...  .DJIA12159.6826.28+0.22,442,040,000#004276; TEXT-DECORATION: none" href="http://www.cnbc.com/id/15837290?q=.NCOMP" rel="nofollow" class="showvisited">NASDAQ NMS CO...  .NCOMP2378.76.96+0.29,847,339,600#004276; TEXT-DECORATION: none" href="http://www.cnbc.com/id/15837290?q=.SPX" rel="nofollow" class="showvisited">S&P 500 I...  .SPX1392.285.11+0.37< script>cnbc_quoteComponent_init_getData('.DJIA,.NCOMP,.SPX','WSODQ_COMPONENT_EA1BEA15839623','WSODQ',true);< /script>

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Video Roundup

Analysts Speak on Today's Market

Stock prices snapped back from a mild swoon in early afternoon trading following comments from Alan Greenspan. The former Federal Reserve chairman said the current troubles in the subprime mortgage market have the potential to spill over into other sectors.

"You can't take 10% out of mortgage originations without some impact," said Greenspan to a gathering of futures industry representatives. He said that the drop in housing prices is more of a problem than mortgage quality.

Greenspan, speaking at the Futures Industry Association in Boca Raton, Fla. on Thursday afternoon, said subprime woes were "not a small issue" and stemmed from speculators entering the housing markets at their peak.

Basic materials and utility stocks were the top performing sectors in the S&P 500 while telecom shares such as AT&T lagged. Breadth was again positive on Thursday with advancing shares leading declining shares by a more than two-to-one ratio on the New York Stock Exchange.

But investors remained somewhat cautious ahead of quadruple options expiration on Friday and the Federal Reserve's decision on interest rates next week.

"I'm skeptical of today's move," Marc Pado, U.S. market strategist at Cantor Fitzgerald, told CNBC.com. "I think it's partially driven by traders having an interest in the S&P futures closing above 1400 tomorrow at the open with quadruple witching. You don't have a lot of investors rushing in, the big institutions are waiting to see if we really have bottomed."

"I think the market is pricing in the Fed staying on hold for a while," said Eric Thorne, portfolio manager at Bryn Mawr Trust Wealth Management. "The expectation was the market would sell off at the open and that didn't happen. That just showed investors overall think the Fed is going to stay put for now."

Mergers activity remains robust with InterContinental Exchange

#666666; FONT-FAMILY: Arial"> #8b8f98 1px solid; PADDING-RIGHT: 5px; BORDER-TOP: #8b8f98 1px solid; PADDING-LEFT: 10px; BORDER-LEFT: #8b8f98 1px solid" width=300 bgColor=#eeeeee height=50>IntercontinentalExchange Inc (ICE) 128.1  -3.83  -2.9%

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[ICE  128.1    -3.83  (-2.9%)   ]< script>cnbc_quoteComponent_init_getData('ICE','WSODQ_COMPONENT_ICE_EAHRBEA15839609','WSODQ',true);< /script> announcing this morning it proposed a $9.9 billion acquisition of CBOT Holdings

#666666; FONT-FAMILY: Arial"> #8b8f98 1px solid; PADDING-RIGHT: 5px; BORDER-TOP: #8b8f98 1px solid; PADDING-LEFT: 10px; BORDER-LEFT: #8b8f98 1px solid" width=300 bgColor=#eeeeee height=50> (CBOT) Unavailable    %

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[CBOT  Unavailable      (%)   ]< script>cnbc_quoteComponent_init_getData('CBOT','WSODQ_COMPONENT_CBOT_EADRBEA15839609','WSODQ',true);< /script> , an offer that ICE says is a 10.5% premium to the Chicago Board of Trade's current merger deal with the Chicago Mercantile Exchange. The unsolicited offer was first reported by CNBC's David Faber, then subsequently confirmed by ICE.

Cisco Systems

#666666; FONT-FAMILY: Arial"> #8b8f98 1px solid; PADDING-RIGHT: 5px; BORDER-TOP: #8b8f98 1px solid; PADDING-LEFT: 10px; BORDER-LEFT: #8b8f98 1px solid" width=300 bgColor=#eeeeee height=50>Cisco Systems Inc (CSCO) 25.81  -0.04  -0.15%

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[CSCO  25.81    -0.04  (-0.15%)   ]< script>cnbc_quoteComponent_init_getData('CSCO','WSODQ_COMPONENT_CSCO_EBFQBEA15839609','WSODQ',true);< /script> said it has agreed to acquire web conferencing company WebEx Communications for about $3.2 billion in cash. Cisco said it will pay $57 a share for the company in a deal long anticipated for WebEX

#666666; FONT-FAMILY: Arial"> #8b8f98 1px solid; PADDING-RIGHT: 5px; BORDER-TOP: #8b8f98 1px solid; PADDING-LEFT: 10px; BORDER-LEFT: #8b8f98 1px solid" width=300 bgColor=#eeeeee height=50>Webex Communications Inc (WEBX) 56.38  10.18  +22.03%

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[WEBX  56.38    10.18  (+22.03%)   ]< script>cnbc_quoteComponent_init_getData('WEBX','WSODQ_COMPONENT_WEBX_EBQBEA15839609','WSODQ',true);< /script> .

Shares of drugstore chain CVS closed higher after shareholders approved the company's $23.9 billion plan to acquire Caremark Rx

#666666; FONT-FAMILY: Arial"> #8b8f98 1px solid; PADDING-RIGHT: 5px; BORDER-TOP: #8b8f98 1px solid; PADDING-LEFT: 10px; BORDER-LEFT: #8b8f98 1px solid" width=300 bgColor=#eeeeee height=50>Caremark Rx Inc (CMX) 62.75  1.67  +2.73%

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[CMX  62.75    1.67  (+2.73%)   ]< script>cnbc_quoteComponent_init_getData('CMX','WSODQ_COMPONENT_CMX_EABPBEA15839609','WSODQ',true);< /script> . The deal still requires the blessing of Caremark shareholders, a vote is set for March 16.

Materials shares got a boost after reports that Dow Chemical

#666666; FONT-FAMILY: Arial"> #8b8f98 1px solid; PADDING-RIGHT: 5px; BORDER-TOP: #8b8f98 1px solid; PADDING-LEFT: 10px; BORDER-LEFT: #8b8f98 1px solid" width=300 bgColor=#eeeeee height=50>Dow Chemical Co (DOW) 45.8  2.42  +5.58%

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[DOW  45.8    2.42  (+5.58%)   ]< script>cnbc_quoteComponent_init_getData('DOW','WSODQ_COMPONENT_DOW_EBDOBEA15839609','WSODQ',true);< /script> is set to form a joint venture with India's top petrochemicals maker, Reliance Industries.

Shares of beaten-down subprime lenders such as Accredited Home Lenders continued their recent pop as some investors are betting that fears regaring subprime mortgage lending are overblown.

Bear Stearns

#666666; FONT-FAMILY: Arial"> #8b8f98 1px solid; PADDING-RIGHT: 5px; BORDER-TOP: #8b8f98 1px solid; PADDING-LEFT: 10px; BORDER-LEFT: #8b8f98 1px solid" width=300 bgColor=#eeeeee height=50>Bear Stearns Co Inc (BSC) 148.5  3.21  +2.21%

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[BSC  148.5    3.21  (+2.21%)   ]< script>cnbc_quoteComponent_init_getData('BSC','WSODQ_COMPONENT_BSC_EADMBEA15839609','WSODQ',true);< /script> reported a quarterly profit of $3.82 a share, two pennies above analysts' estimates, according to Thomson Financial. Earnings rose from $3.54 a share reported in the same quarter last year.

New York light crude futures

#666666; FONT-FAMILY: Arial"> #8b8f98 1px solid; PADDING-RIGHT: 5px; BORDER-TOP: #8b8f98 1px solid; PADDING-LEFT: 10px; BORDER-LEFT: #8b8f98 1px solid" width=300 bgColor=#eeeeee height=50>NYMEX CRUDE OIL FUTURES Front Month (US@CL.1) 57.48  -0.68  -1.17%

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[US@CL.1  57.48    -0.68  (-1.17%)   ]< script>cnbc_quoteComponent_init_getData('US@CL.1','WSODQ_COMPONENT_US%40CL.1_EBLBEA15839609','WSODQ',true);< /script> closed below $58 a barrel on the New York Mercantile Exchange, its fifth decline in the last six sessions.

On the economic front, the Philadelphia Federal Reserve said business activity index dropped to 0.2 in March from 0.6 in February. Economists were expecting the index to rise to 4.0.

The Labor Department said the Producer Price Index rose 1.3% in February, with the core PPI rising 0.4%. Economists polled by CNBC and Dow Jones predicted that the PPI would only rise 0.6% last month, with the core PPI, which excludes food and energy prices, rising 0.2%.

Treasury prices sold off slightly, sending yields higher.

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U.S. Treasurys#004276; TEXT-DECORATION: none" href="http://www.cnbc.com/id/15837290?q=US%40%3fUS10YY" rel="nofollow" class="showvisited">10-Year Note ...  US@?US10YY4.534-0.002-0.040#004276; TEXT-DECORATION: none" href="http://www.cnbc.com/id/15837290?q=US%40%3fUS2YY" rel="nofollow" class="showvisited">2-Year Note Y...  US@?US2YY4.5680.012+0.260< script>cnbc_quoteComponent_init_getData('US@?US10YY,US@?US2YY','WSODQ_COMPONENT_EAHBEA15839623','WSODQ',true);< /script>

Europe Finishes Strong, Asian Markets Bounce

The FTSE-100

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[FTIND  6133.2    132.50  (+2.21%)   ]< script>cnbc_quoteComponent_init_getData('FTIND','WSODQ_COMPONENT_FTIND_EFFBEA15839609','WSODQ',true);< /script> rose 1.7% in London as shares of Cadbury Schweppes gained after it said it will split its confectionary and soft drinks businesses in an attempt to unlock value for shareholders.

Germany's DAX

#666666; FONT-FAMILY: Arial"> #8b8f98 1px solid; PADDING-RIGHT: 5px; BORDER-TOP: #8b8f98 1px solid; PADDING-LEFT: 10px; BORDER-LEFT: #8b8f98 1px solid" width=300 bgColor=#eeeeee height=50>GERMAN SE XETRA DAX INDEX (DAX-XE) 6585.47  137.77  +2.14%

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[DAX-XE  6585.47    137.77  (+2.14%)   ]< script>cnbc_quoteComponent_init_getData('DAX-XE','WSODQ_COMPONENT_DAX-XE_EFEBEA15839609','WSODQ',true);< /script> gained more than 2%. Drugmaker Bayer said fourth-quarter operating earnings rose 12.5%, helped by a strong healthcare unit and the acquisition of rival Schering AG.

In France, retailer Casino reported a 7.9% rise in its operating profit over 2006, largely thanks to acquisitions, and forecast further growth in operating income this year. The group plans to reinvest in some of its stores. The CAC-40

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[CAC40-FR  5389.85    93.63  (+1.77%)   ]< script>cnbc_quoteComponent_init_getData('CAC40-FR','WSODQ_COMPONENT_CAC40-FR_EBDBEA15839609','WSODQ',true);< /script> closed firmly in the green.

Japan's Nikkei 225 Average

#666666; FONT-FAMILY: Arial"> #8b8f98 1px solid; PADDING-RIGHT: 5px; BORDER-TOP: #8b8f98 1px solid; PADDING-LEFT: 10px; BORDER-LEFT: #8b8f98 1px solid" width=300 bgColor=#eeeeee height=50>NIKKEI 225 INDEX (NIKKEI) 16860.39  183.50  +1.1%

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[NIKKEI  16860.39    183.50  (+1.1%)   ]< script>cnbc_quoteComponent_init_getData('NIKKEI','WSODQ_COMPONENT_NIKKEI_EHCBEA15839609','WSODQ',true);< /script> closed up more than 1%, led by exporters such as Canon, as concerns about their earnings receded following a recovery in U.S. stocks and the yen's retreat against the dollar. Investors also bid up shares of steel firms such as Nippon Steel.

In South Korea, the Kospi Index rose 1.4%, led by hard-hit exporters such as LG.Philips LCD, as worries over the U.S. housing market eased following gains on Wall Street.

Hong Kong blue chips rebounded, led by China Mobile, a day after global equity markets plummeted on concerns that troubled mortgage lenders in the U.S. could contaminate the broader economy.

© 2007 CNBC.com

Asian stocks were mixed in the afternoon session Friday with lingering fears that trouble in the subprime mortgage market could spread to the rest of the U.S. economy, and as stronger-than-expected inflation data dimmed hopes for an interest rate cut by the Federal Reserve.

Reports on Thursday showed U.S. producer prices rose sharply in February but sluggish factory activity in the Northeast suggested the U.S. economy, Asia's top export market, was limping along. Consumer prices are due later on Friday.

Japan's Nikkei 225 Average

#666666; FONT-FAMILY: Arial"> #8b8f98 1px solid; PADDING-RIGHT: 5px; BORDER-TOP: #8b8f98 1px solid; PADDING-LEFT: 10px; BORDER-LEFT: #8b8f98 1px solid" width=300 bgColor=#eeeeee height=50>NIKKEI 225 INDEX (NIKKEI) 16791.92  -68.47  -0.41%

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[NIKKEI  16791.92    -68.47  (-0.41%)   ]< script>cnbc_quoteComponent_init_getData('NIKKEI','WSODQ_COMPONENT_NIKKEI_ELDBEA15839609','WSODQ',true);< /script> managed to recoup some morning losses but was still in negative territory with Toyota Motor

#666666; FONT-FAMILY: Arial"> #8b8f98 1px solid; PADDING-RIGHT: 5px; BORDER-TOP: #8b8f98 1px solid; PADDING-LEFT: 10px; BORDER-LEFT: #8b8f98 1px solid" width=300 bgColor=#eeeeee height=50>Toyota Motor Corp (TM) 130.74  0.76  +0.58%

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[TM  130.74    0.76  (+0.58%)   ]< script>cnbc_quoteComponent_init_getData('TM','WSODQ_COMPONENT_TM_EAJDBEA15839609','WSODQ',true);< /script> , Honda Motor and INPEX shares all down. Shares in takeover target Nikko Cordial were flat after news service Kyodo reported on Thursday that Mizuho Financial Group plans to sell its Nikko shares to Citigroup

#666666; FONT-FAMILY: Arial"> #8b8f98 1px solid; PADDING-RIGHT: 5px; BORDER-TOP: #8b8f98 1px solid; PADDING-LEFT: 10px; BORDER-LEFT: #8b8f98 1px solid" width=300 bgColor=#eeeeee height=50>Citigroup Inc (C) 50.13  1.05  +2.14%

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[C  50.13    1.05  (+2.14%)   ]< script>cnbc_quoteComponent_init_getData('C','WSODQ_COMPONENT_C_EABDBEA15839609','WSODQ',true);< /script> , which earlier this week sweetened its $14 billion takeover offer for the brokerage.

Seoul shares were flat, with the Kospi Index recovering morning losses. But telecoms stocks and SK Corp. held up on hopes for deregulation and overseas energy development. POSCO

#666666; FONT-FAMILY: Arial"> #8b8f98 1px solid; PADDING-RIGHT: 5px; BORDER-TOP: #8b8f98 1px solid; PADDING-LEFT: 10px; BORDER-LEFT: #8b8f98 1px solid" width=300 bgColor=#eeeeee height=50>POSCO (PKX) 103.0  2.84  +2.84%

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[PKX  103.0    2.84  (+2.84%)   ]< script>cnbc_quoteComponent_init_getData('PKX','WSODQ_COMPONENT_PKX_EBDCBEA15839609','WSODQ',true);< /script> , the world's No. 3 steel maker fell as investors cashed in on Thursday's surge to a record high on recent higher steel price news. The steel giant denied a newspaper report on Friday that a senior Arcelor Mittal executive expressed interest in POSCO's M&A strategy when he visited South Korea last month.

Australia's S&P/ASX 200 Index was flat as nervous investors, mindful of the sharp sell-off earlier in the week, booked profits in firms such as National Australia Bank.

Hong Kong's Hang Seng Index reversed losses and was higher, despite HSBC sliding over its exposure to the troubled U.S subprime lending sector. Chinese shares were also higher. But Singapore's Straits Times Index was lower as investors took profits.

© 2007 CNBC.com

16.03.2007 08:36:59

Aktien Europa/London Ausblick: Leichter - Vorgabe negativ - 'Hexensabbat'

PARIS/LONDON (dpa-AFX) - Belastet von leicht negativen Vorgaben werden die
wichtigsten Aktienindizes in Europa am Freitag etwas schwächer erwartet. Die
Vorgabe sei moderat negativ, nachdem Börse in New York nach Handelsschluss in
Europa einen Teil ihrer Kursgewinne abgegeben hat und die Märkte in Asien am
Morgen etwas schwächer tendierten, betonten Händler. Der große Verfall an den
Terminbörsen dürfte zudem für einige stärkere Schwankungen bei Einzelwerten und
auch im Index zur Mittagzeit sorgen, ergänzte ein Börsianer.

Die Citigroup sah den EuroSTOXX50 vorbörslich bei 3.963 Zählern. Am Vortag
hatte sich der europäische Leitindex mit plus 2,03 Prozent bei 3.985,57 Punkten
klar erholt. Der britische Broker IG Index sah den FTSE-100-Index am Morgen bei
6.108 Zählern, nachdem der Londoner Leitindex am Vortag 2,21 Prozent auf
6.133,20 Punkte zugelegt hatte.

Stahlwerte rücken laut Händlern mit Übernahmespekulationen erneut in den Fokus.
Arcelor Mittal erwägt Presseberichten zufolge eine Übernahme von POSCO. Der
führende südkoreanische Stahlkonzern befinde sich jedoch nicht in Gesprächen mit
dem Luxemburger Stahlkonzern. 'POSCO wird sich bemühen, die Anteile freundlich
gesinnter Aktionäre zu erhöhen, um das Management zu stärken', sagte ein
Sprecher der Nachrichtenagentur Agence France-Presse. Damit solle einem
feindlichen Übernahmeangebot entgegen gewirkt werden. Gleichzeitig berichtet die
'Financial Times Deutschland' unter Berufung auf Konzernkreise, dass Arcelor
Mittal an Saar Ferngas interessiert ist.

EADS stehen mit der geplanten Sanierung weiter im Blick. Der
Airbus-Gesamtbetriebsratsvorsitzende Rüdiger Lütjen sieht den europäischen
Flugzeughersteller nicht als Sanierungsfall, der mit einem harten Sparkurs
gerettet werden muss. Tatsächlich arbeite Airbus 'erfolgreich', sagte Lütjen der
'Frankfurter Rundschau'. Der Mutterkonzern EADS habe seit seiner Gründung im
Jahr 2000 'dicke Milliardengewinne eingefahren, hauptsächlich dank Airbus'. Das
Unternehmen habe volle Auftragsbücher.

Bei Alcatel-Lucent demonstrierten Mitarbeiter aus ganz Europa am Donnerstag in
Paris gegen den Restrukturierungsplan des französisch-amerikanischen
Telekommunikationsausrüsters. Nach Angaben der Organisatoren nahmen an dem
zweistündigen Protestmarsch durch die französische Hauptstadt zwischen 3.000 und
5.000 Personen teil. Der Plan sieht den Abbau von 12.500 Stellen weltweit vor,
davon mehr als 4.500 in Europa.

In London rücken Debenhams mit in den Blick. Die Verkäufe der zweitgrößen
britischen Warenhauskette gingen zwar weiter zurück, der Gewinn im ersten
Halbjahr soll aber die internen Erwartungen von Debenhams erfüllen, hieß es am
Morgen. Auch die Übernahmepläne und -spekulationen, die am Vortag unter anderem
bei der Imperial Tobacco Group wegen Altadis für starke Kursgewinne gesorgt
hatten, stünden weiter im Fokus.

Analystenumstufungen könnten in Zürich Einzelwerte bewegen. Die Deutsche Bank
erhöhte Credit Suisse (CS) von 'Hold' auf 'Buy' und das Kursziel von 90 auf
92 Franken. UBS hob das Kursziel für die Aktien von Clariant von 15 auf 18
Franken, bleibt aber weiter bei der Empfehlung 'Reduce'./fat/mw

Quelle:dpa-AFX