Morning News

• Futures are up we could see a higher open today.

• 7.6 magnitude earthquake has hit Pakistan, India, and Afghanastan over the weekend. The estimated death toll stands at 22,000 officials fear this number could climb over 30,000 people .

• Delphi Corp. (DPH) filed for bankruptcy over the weekend. The company is expected to cut jobs and close some of it's 31 U.S. plants.

• The Lundberg Survey of 7,000 gas stations around the country saw a climb on average of 10 cents a gallon over the past two weeks.

• Intel (INTC) to unveil new line of server chips today.

• Crude Oil currently hanging at the $62.00 per barrel range.

• Wholesale Gasoline is currently $1.83 per gallon.

• Natural Gas continues to pull back currently $13.13 per unit.

• Gold on the other hand continues to climb currently $480.00 per ounce.

Budd Foxx