Morning News

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

• Weekly oil inventories to be released at 10:30 this morning.

• April durable goods orders to be released at 8:30 this morning.

• April new home sales also to be released today.

• World Health Organization looking into possible human to human transmission of the bird flu in Indonesia.

• Dell Inc. to open pilot stores.

• 2006 hurricane season expected to be active with forcast of 4-6 major hurricanes. This forcast calls for a calmer season than the 2005 season.

• Honda Motor Corp. has plans to sell diesel powered vehicles in the U.S. by 2009.

• Crude oil down a bit this morning to $71.10 per barrel.

• Wholesale gasoline is $2.09 per gallon.

• Natural gas just above $6.00 per unit.

• Gold pulling back to $663.00 per ounce.

Budd Foxx