Morning News

• Futures are pointing to a flat open this morning.

• Weekly Jobless Claims to be released today.

• November Existing Home sales to be released this morning.

• Oil Inventories and Natural Gas supplies to be released at 10:30 this morning.

• Hilton Hotels Corp. near multi-billion dollar deal to buy international Hilton brand.

• After the bell yesterday Delta Airline pilots agreed to a temporary 14% pay cut.

• Iran Oil Minister saying OPEC should consider cutting production.

• Oregon man pleads guilt in launching computer attack on eBay.

• Crude Oil is $59.66 per barrel.

• Wholesale Gasoline is $1.59 per gallon.

• Natural gas is up to $11.49 per unit.

• Gold remains strong at $520.10 per ounce.

Budd Foxx