Morning News

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

• January Trade Balance data to be released today.

• Weekly Jobless Claims will be released today.

• Natural Gas Inventories will be released at 10:30 this morning.

• Yesterday Iran threatened the United States with harm and pain if the U.S. tries to use the U.N Security Council to impose sanctions.

• Google Inc. to pay up to $90 million to settle a lawsuit alleging the company overcharged advertisers. "Click Fraud"

• Food and Drug Administration panel to recommend the return of Tysabri to the market.

• Eli Lilly launching phase 3 trial of a brain cancer drug Enzastaurin.

• House Panel voted to block Dubai firms plan to manage terminals at U.S. seaports.

• Crude Oil is $60.38 per barrel.

• Wholesale Gasoline is $1.67 per gallon.

• Natural Gas currently $6.68 per unit.

• Gold has pulled back last few days current price is $547.00 per ounce.

Budd Foxx