Wednesday, June 15, 2005

Morning News

  • Futures are up pointing to a higher open.

  • May Consumer Price Index today
  • April Business Inventories 8:30 am.
  • June NAHB Survey today at 1:00 pm.
  • May Industrial Production this morning at 9:15 am.
  • Also today will be the June NY Federal Manufactoring Survey.
  • OPEC holding meetings today production of oil to be raised by 500,000 barrels per day.
  • JP Morgan (JPM) to pay 2.2 billion to settle class action lawsuit for it's role in the ENRON investor fraud.
  • Crude Oil trading up nearly half a point to $55.50 per barrel.

Budd Foxx

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