Morning News

• Futures are pointing to a higher open this morning.

• Natural Gas inventories will be released by the Energy Dept. at 10:30 this morning.

• June durable goods orders will be released at 8:30 this morning.

• Weekly jobless claims also due for release this morning.

• New home sales numbers will be released at 10:00 this morning.

• European markets are trading higher today. The Nikkei 225 ended the day up nearly 2%

• All eyes on Exxon Mobil this morning. The company will release earnings report at 8:00 this morning.

• Daimler Chrysler 2nd quarter profit doubles.

• Japan has lifted its ban on U.S. beef imports.

• Crude oil up just a bit this morning to $74.36 per barrel.

• Wholesale gasoline is $2.29 per gallon.

• Natural gas is up to $7.00 per unit.

• Gold is up a bit this morning to $633.00 per ounce.

Budd Foxx