The market will hold on to most of its gains, but it should start drifting down once the focus shifts away from a successful resolution to the war and on to the weak underlying economy.

The focus today will be the service sector confidence numbers and Cisco's results released after hours.

The U.S. manufacturing ISM index should show a decent gain today, reinforcing the market's conviction that the U.S. recovery is for real.

It's death by a thousand cuts at the moment.

Tomorrow's payrolls numbers will dictate whether this setback lasts longer than today.

We still believe the U.S. economy is beginning to pick up speed but, near term, there is little to shift equities out of their summer torpor with the coming week relatively light on economic data.

We may be a in a classic summer lull but shares will break out on the upside in due course.

He (Greenspan) is expected to try to dampen fears that the Fed might raise rates any time soon and also try to keep open the possibility that the Fed might yet ease policy further.