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    WEDNESDAY  OCTOBER 6 2010

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Economic
07:00 MBA Mortgage Application: -0.8% prior
08:15 ADP Employment Change (Sep.): 18K cons.
10:30 Crude Inventories: -0.475M prior

TOP FINANCIAL NEWS

Wall Street soars to near 5-month high on stimulus hopes

Treasury cuts bailout price tag to $50 billion

BUSINESS NEWS

After Hours Summary
 EQIX -24.3% (cuts rev guidance, issues upside EBITDA guidance)

After Hours Losers:
Companies trading lower in after hours in reaction to earnings
: DMND -5.8%.

Companies trading lower in after hours in reaction to news: EQIX -
24.3% (cuts rev guidance, issues upside EBITDA guidance

Earnings

Before: AYI, STZ, COST, HELE, MON, RBN, RPM

After: DRWI, BLUD, MAR, RT

Events

CPX, PCX, SM at Johnson Rice & Company Energy Conf.
HTZ, FLS, NRG at Deutsche Bank Securities Inc. Leveraged Finance Conf.

ETF relative strength

 iShares Spain- EWP +4.9%, iShares Italy- EWI +4.1%, silver- SLV +3.9%, gold/silver miners- GDX +3.1%, GDXJ +4.0%, XME +2.8%, Turkey- TUR +4.1%, iShares Sweden- EWD +3.8%, wind energy- FAN +3.9%, iShares France- EWQ +3.89%, global timber & forestry- CUT +3.5%, capital mkts- KCE +3.1%, palladium- PALL +3.3%, commercial banks- KBE +2.9%, basic materials- IYM +2.9%, XLB +2.8%, iShares Japan- EWJ +3.2%, Vietnam- VNM +2.9%, oil HLDRS- OIH +2.8%.

ETF relative weakness

 VIX vol index- VXX -5.4%, VXZ -2.2%, cocoa- NIB -0.9%, US Dollar index- UUP -0.8%, US treasuries & fixed income- TLT -0.6%, TLH -0.3%.

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BUSINESS WEEK MARKET ANALYSIS

 By Paul Cherney

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     2. USA Today (money)
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     5The Boston Globe (business)
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     7Houston Chronicle (business)
     8The Seattle Times (business)
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