Morning News

• Futures are up pointing to a higher open this morning.

• Advanced third quarter GDP report to be released at 8:30 am.

• University of Michigan to release final October reading of Consumer Sentiment at 9:45 this morning.

• Labor Department to release third quarter employment cost also at 8:30 this morning.

• Bancrupt Delta Airlines may eliminate it's airline division Song.

• Hurricanes Katrina and Rita have forced over 500,000 lost jobs in areas hit by these storms. This number is expected to grow when you throw in hurricane Wilma which hit Florida earlier in the week.

• Insured cost from hurricane Wilma expected to be 8 to 12 billion dollars.

• Crude Oil currently $61.01 per barrel.

• Wholesale Gasoline is $1.59 per gallon.

• Natural Gas is $13.47 per unit.

• Gold holding just above $475.00 per ounce.

Budd Foxx