Morning News

• Futures are pointing to a higher open this morning.

• European markets are to the upside today while Asian markets mostly traded lower on the day.

• Israeli forces continue to move deeper into Lebanon.

• Advanced Micro Devices Inc. to buy ATI Technologies Inc. for $5.4 billion.

• Ther Lundberg Survey has U.S. gas prices up 2 cents over the past two weeks. The average price of unleaded gas has climbed up to just over $3.00 per gallon.

• Pirates of the Caribbean has taken in just over $321.7 million in just 17 days.

• Tiger Woods tops the field in the British Open over the weekend.

• Crude Oil is $73.58 per barrel.

• Wholesale gasoline is $2.27 per gallon.

• Natural gas is $6.15 per unit.

• Gold continues to slide current price is $613.00 per ounce.

Budd Foxx