Morning News
Futures are pointing to a slightly lower open this morning.
Energy Dept. will release weekly oil inventories at 10:30 this morning.
European markets are trading lower so far today.
In Tokyo the Nikkei 225 did end higher.
Yahoo Inc. reports earnings of $142 million or 10 cents per share which was below expectations.
Intel Corp. beats the street with a 19% increase in net income.
Motorola Inc. earnings down sharply from one year ago.
System failure at Research In Motion leaves BlackBerry users without e-mails.
Mortgage applications come in lower for the 5th week in a row.
Crude oil is $62.61 per barrel.
Wholesale gasoline is $2.04 per gallon.
Natural gas $7.39 per unit.
Gold hanging at $692.00 per ounce.
Budd Foxx
Energy Dept. will release weekly oil inventories at 10:30 this morning.
European markets are trading lower so far today.
In Tokyo the Nikkei 225 did end higher.
Yahoo Inc. reports earnings of $142 million or 10 cents per share which was below expectations.
Intel Corp. beats the street with a 19% increase in net income.
Motorola Inc. earnings down sharply from one year ago.
System failure at Research In Motion leaves BlackBerry users without e-mails.
Mortgage applications come in lower for the 5th week in a row.
Crude oil is $62.61 per barrel.
Wholesale gasoline is $2.04 per gallon.
Natural gas $7.39 per unit.
Gold hanging at $692.00 per ounce.
Budd Foxx
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