Morning News

• Futures are pointing to a higher open this morning.

• The Federal Reserve will be gathering on tuesday, and is expected to continue to raise interest rates.

• NASA has delayed the landing of the Shuttle until tuesday, weather called for rain and storms in the area.

• Long time ABC anchorman Peter Jennings has died at the age of 67.

• Cisco Systems (CSCO) looking to increase it's wireless infrastructure technology. The company could be looking to purchase Nokia (NOK).

• Crude Oil futures have reached a new record of $62.89 per barrel. Currently oil is $62.69 per barrel.

• Gold is currently $442.70 per ounce.

Budd Foxx