Morning News

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

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

Second quarter gross domestic products figures will be released at 8:30 as well.

European markets are trading higher today. In Asia markets also ended the day higher.

Talks between Renault-Nissan and General Motors could be extended beyond the mid-October deadline.

7-Eleven to stop its affiliation with Citgo Petroleum Corp. The company will now buy fuel from Tower Energy Corp, Frontier Oil Corp, and Sinclair Oil Corp.

Mark Hurd Chief Executive of Hewlett-Packard to testify before house subcommittee.

News Corp. reportedly to buy two New York City newspaper groups.

Advanced Micro Devices Inc. has reached a deal with second largest PC provider in China.

Former Chief Executive of Comverse Technology Inc. has been caught in Africa. Kobi Alexander was caught after two month international search.

Crude oil making its way back over $63.00 per barrel.

Wholesale gasoline is $1.52 per gallon.

Natural gas back above $5.50 per unit.

Gold has made its way back to $610.00 per ounce.

Budd Foxx