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Visit us online at http://www.cnbc.com/mm.html To cancel or change your subscription options, please follow the instructions at the end of this message. ----------------------ADVERTISEMENT----------------------- SAY YES TO WIRELESS TRADING *NO exchange fees *NO application fees *NO start-up fees *NO monthly fees Mydiscountbroker offers a great value on wireless trading. Other than our modest trade commissions, the ONLY fee you pay is to the web-access provider for your wireless device. Visit: http://www.cnbc.com/common/redirect.html?ReferrerID=MMT604&;site=http://www.Mydiscountbroker.com Member NASD/SIPC. ---------------------------------------------------------- Good evening! Here is your Money Mail for Monday, June 4. BUZZ AT THE BELL Stocks shuffled aimlessly Monday in quiet trading, eventually closing slightly higher across the board. Neither a healthy inflation outlook from the Federal Reserve chairman nor a bleak semiconductor sales report seemed to excite investors. Blue chips sported the biggest gains as the Dow Jones industrial average rose a whopping 0.6 percent, gaining 71 points to 11,062. The Nasdaq Composite edged up 7 to 2,156 and the Standard & Poor's 500 climbed 6 to 1,267. Overnight, Fed chief Alan Greenspan told a Singapore monetary-policy conference that U.S. inflation is under control, at least as far as consumers are concerned. Normally, that would be something to shout about. But Greenspan blunted any optimistic response by pointing out the reason inflation remains at bay: In order to fend off competition and keep you and me as customers, companies are accepting slimmer profit margins instead of raising prices. Greenspan's comments inspired an early pop that quickly fizzled. The other big piece of before-the-bell news -- the Semiconductor Industry Association's April sales report -- exerted a more lasting influence, but only on chip stocks. The SIA said chip sales slumped 4.7 percent in April from March. In response, producers of both chips and chip-making equipment lost ground. Applied Micro Devices fell more than 6 percent and Applied Materials lost about 2.5 percent. Industry giant Intel was little changed, while shares of Cypress Semiconductor actually rose, despite the company's profit warning. Oil-related shares rose as crude prices bubbled higher, this time in response to more threats of supply disruption from Iraq. The S&P oil-drilling group climbed 2.3 percent, while the more diversified oil-and-gas group rose 1.5 percent. Triton Energy, meanwhile, surged more than 15 percent after the company announced a huge oilfield discovery off the African coast. More broadly, about two-thirds of S&P industry groups tallied gains, although nothing moved particularly fast or far. Scott Gerlach Managing Editor, CNBC.com MAJOR INDEXES AND VOLUMES * Dow Jones Industrials: 11,061.65, up 71.24 or 0.65% * Dow Jones Transports: 2,878.24, down 8.81 or 0.31% * Dow Jones Utilities: 390.25, up 0.73 or 0.19% * S&P 500: 1,267.12, up 6.45 or 0.51% * NASDAQ Composite Index: 2,155.99, up 6.55 or 0.30% * Russell 2000: 507.32, up 5.60 or 1.12% * FTSE: 5,861.00, up 51.40 or 0.88% * NIKKEI: 13,312.35, up 50.51 or 0.38% * Ten-Year Treasury Note Yield: 5.33%, down 0.03 or 0.56% * NYSE volume (preliminary): 839 million shares * Nasdaq volume (preliminary): 1.30 billion shares * To see our complete U.S. index list, http://www.cnbc.com/news/markets/world.html?ReferrerID=MM SCOUTING REPORT: TUESDAY Late spring can feel an awful lot like summer. A light economic calendar and slow trickle of earnings reports could spell -- say it with me -- quiet trading. Of course, making that prediction leaves one vulnerable to all sorts of surprises. So tomorrow looks slow, but that could change with the morning headlines. ECONOMIC CALENDAR: *April factory orders, forecast: -2.7 percent *Revised Q1 productivity, forecast: -0.7 percent STOCKS * AOL Still Spells Growth * Most analysts like AOL Time Warner's prospects for growing its bottomline. http://www.cnbc.com/010604mcreynolds-stocks.html?ReferrerID=MM * Pick of the Week: Alliant * Alliant Techsystems may be the best defense industry stock to buy now, analysts say. http://www.cnbc.com/010604thompson-stocks.html?ReferrerID=MM ----------------------ADVERTISEMENT----------------------- GE Prepaid Offers Great Rates On Long Distance. Only 10c per minute! Kids away at camp... Family at the beach... Traveling on business... GE Prepaid Virtual Phone Cards is a terrific way to keep in touch with family and friends. Only 10c per minute for all calls in the US. Buy a GE Prepaid Virtual Phone Card online and start saving NOW!. Just click here: http://www.cnbc.com/common/redirect.html?ReferrerID=MMB604&;site=http://www.geprepaid.com/indexPP.jsp?WhoAmI=CNBC ---------------------------------------------------------- TOMORROW ON CNBC * Squawk Box Guest Host: David Simon, Twin Capital Management. * To view the latest CNBC guest list: http://www.cnbc.com/cnbctv/shows/guestlist.html?ReferrerID=MM HOTSPOTS ON CNBC.COM * CNBC Store: http://www.cnbc.com/common/redirect.html?ReferrerID=MM&;site=http://service.bfast.com/bfast/click?bfmid=1064298%26siteid=36208939%26bfpage=cn * Golf Center: http://www.cnbc.com/worklife/lifestyle/golf.html?ReferrerID=MM * Loan Center: http://www.cnbc.com/finance/loan/index.html?ReferrerID=MM * Message Boards: http://www.cnbc.com/community/index.html?ReferrerID=MM * Small Business Center: http://www.cnbc.com/finance/smallbiz/index.html?ReferrerID=MM * Your Portfolio: http://www.cnbc.com/portfolio/defaultscreen.html?ReferrerID=MM Please do not reply to this email. 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