Morning News

• Futures are pointing to a higher open this morning.

• Weekly jobless claims will be released at 8:30 this morning.

• August leading indicators also to be released this morning.

• Philidelphia fed survey will be released today.

• Energy Dept. to release natural gas inventories at 10:30 this morning.

• European markets are up just a bit this morning. In Tokyo the Nikkei 225 closed higher.

• Federal Reserve keeps rates unchanged for second straight meeting.

• Wal-Mart reportedly has plans to slash the price of generic drugs it sells to employees as well as customers.

• Yahoo Inc. reportedly having discussions to buy Facebook.com.

• Cisco Systems upgraded this morning to outperform at Piper Jaffray.

• It is believed that Hewlett Packard Chief Executive Officer Mark Hurd may have had a larger role in investigation of media leaks.

• Space shuttle Atlantis returns safely back to Florida this morning.

• Crude oil is $61.06 per barrel.

• Wholesale gasoline is down to $1.46 per gallon.

• Natural gas drops back below $5.00 per unit.

• Gold is $586.00 per ounce.

Budd Foxx