Reply #4: Wall Street set for flat start [View All]

[Maeve]

Bush speech could trigger some investors to cash in early Monday. Techs, financials get good news.
September 8, 2003: 7:39 AM EDT
By Mark M. Meinero, CNN/Money Staff Writer
NEW YORK (CNN/Money) - Stocks headed for a cautiously higher start Monday, as some better news in the tech and financial sectors acted to balance concerns over the growing cost of the war in Iraq.

Just before 7:15 a.m. ET, futures pointed to a flat start to slightly higher for the major indexes, which have advanced in recent weeks.

In his speech to the nation Sunday night, Bush said he'll ask for $87 billion to help support U.S. military efforts in Iraq and Afghanistan, telling Americans the fight against terrorists "will take time and require sacrifice." The war's cost is a factor in a rising budget deficit, leading to higher interest rates.
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