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Morning News
Futures are pointing to a flat to slightly lower open today. January housing starts to be released today. Weekly jobless claims also to be released today. January Import Price Index to be released. February Philly Fed survey also to be released. Ben Bernanke enters his second day of testifying on Capital Hill today. Amazon.Com Inc. in talks with music companies about a digital music service. Newmont Mining Corp. to pay Indonesia $30 million to end pollution suit. Tyson Foods Inc. to close Nebraska plants and cut close to 1700 jobs. Morgan Stanley lifts it's forcast on oil. Crude Oil is $58.37 per barrel. Wholesale Gasoline up just a bit to $1.42 per gallon. Natural Gas at $7.14 per unit. Gold is currently $544.10 per ounce. Budd Foxx
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