Morning News

• Futures are pointing to a slightly lower open this morning.

• June International Trade numbers out this morning at 8:30 am.

• July Import Prices also to be released at 8:30 am.

• British Airways has cancelled flights over a labor dispute. Reports are out that up to 70,000 people have been stranded due to the cancelled flights.

• Dell Inc. (DELL) price target dropped by Deutsche Bank to $46.00 from $48.00

• Boeing (BA) has recieved a $400 million order from Pegasus Aviation.

• The dollar is down across the board this morning.

• Crude Oil continues to climb currently just above $66.00 per barrel.

• Gold has really been moving up currently just over $453.00 per ounce.

Budd Foxx