market feeling
market tone

Some analysts say the Government's determination to force inflation down to single digits has also left the markets feeling a lack of liquidity.

And in the late 1990's, with the contemporary market feeling stable again, if not exactly bullish, the territory is dividing up in interesting ways.

Mr. Vongerichten, for example, said his new restaurant would be designed to look like an old spice market, to evoke the market feeling of the neighborhood.

Mr. Schwertfeger said in an interview that he believed that premium reflected a market feeling that interest rates would continue to decline, thus driving net asset values up further.

With the new-issues market feeling skittish these days, nothing may be more reassuring than the debut of this enterprise, which is 145 years old and measures its sales in billions of dollars.

The results of the auction proved enough to keep the market tone upbeat for the rest of the day.

It provides constant focus and establishes the smartest system of setting a marketing tone.

In addition, analysts said, the import of May employment data released last Friday continued to linger, providing for a firm market tone.

"There was a strong market tone going into the quarter, then we had the trigger from Asia, and almost a complete reversal of the market's tone.

The lack of United State exports of wheat and other grains this year, in part because of the rising value of the dollar, added to the negative market tone, analysts said.

Donald Fine, chief market analyst at Chase Asset Management, said the declines in durable good orders and home sales resulted in an improved market tone in early trading.

Weakening Tone Seen "We view the market tone as generally weakening," said David Seiders, chief economist for the National Association of Home Builders.

Technical analysts noted yesterday that the Commodity Research Bureau's index, comprising 21 basic raw materials, broke below 200 for the first time since early November, adding to the bullish market tone.

The market tone was set by the Labor Department's report early in the morning that the United States unemployment rate in November rose to 5.6 percent - its first increase in four months.

"The apparent ability of equities to withstand these pressures and show an overall advance over the last five trading days indicates a resilient market tone that should establish a foundation for a formidable year-end rally," he added.

And analysts said that the change in market tone prompted by weaker-than-expected August employment data, which appear to reduce the prospect that the Federal Reserve will further tighten interest rates, could lead to more gains in the days and weeks ahead.

'Market Tone' Cited Donald S. Howard, Citicorp's chief financial officer, said the bank decided to sell stock not because of competitive considerations, but because "the general tone of the market seemed to be pretty good."