Morning News

• Futures are down look for a lower open this morning.

• Oil inventories will be released today usually around 10:30 am.

• Alan Greenspan begins his two day meetings with congress today.

• President Bush has chosen judge John G Roberts Jr. to replace Sandra Day O'connor.
  

• Chevron Corp. (CVX) has increased it's bid for Unical Corp. (UCL) new bid comes in around 17 billion dollars.

• Oil is up this morning currently just under $58.00 per barrel.

• Gold is also trading up a bit currently $421.00 per ounce

Budd Foxx