Morning News

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

• November ISM service index to be released at 10:00 this morning.

• The Lundberg Survey shows on average the price of gasoline has dropped 11 cents a gallon over the past two weeks.

• Donald Trump considers launching his own television shopping network.

• RealNetworks to launch new music service which will allow users to listen to music without downloading the desktop application which is currently required.

• Verizon Communications Inc. planning to sell or spin off it's telephone directories business.

• Sony Corp. offering early retirement to workers as part of it's plans to cut 10,000 jobs worldwide.

• Crude Oil is $60.00 per barrel.

• Wholesale Gasoline is up a bit to $1.62 per gallon.

• Natural Gas continues to push higher currently $14.19 per unit.

• Gold remains above $500 currently it is $509.20 per ounce.

Budd Foxx