Morning News

• Futures are down once again this morning pointing to a lower open.

• NYSE Group Inc. offers $10.2 billion to buy Euronext. Euronext reported last week that they are in talks with a number of potential buyers.

• Royal Dutch Shell in talks with China National Offshore Oil Corp. Shell looking to acquire a stake in CNOOC.

• Vietnam and the U.S. to sign trade deal in June. This deal would allow Vietnam to be a part of the World Trade Organization.

• Sonny Ericsson to launch a walkman cell phone in Japan.

• Wal-Mart to sell its 16 stores it owns in South Korea.

• The Lundberg Survey shows a decline in the price of gasoline for the first time since February. The survey of 7,000 gas stations shows a drop of just over a penny per gallon.

• Crude oil is pulling back current price is $67.52 per barrel.

• Wholesale gasoline is $2.01 per gallon.

• Natural gas remains just below $6.00 per unit.

• Gold continues to slide. Current price is $645.00 per ounce.

Budd Foxx