Morning News

Futures are pointing to a much lower open this morning.

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

March leading indicators also set for release at 8:30 this morning.

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

European markets are trading lower today.

In Tokyo the Nikkei 225 did end the day lower.

Yesterday the DOW set a new all time closing high.

Ebay Inc. beats expectations with quarterly report and raises outlook for the year.

Kraft Foods Inc. quarterly profit dropped 30%.

Google Inc. will be out with earnings report today.

General Motors to unveil Volt electric car at the Shanghai Auto Show.

Attorney general Alberto Gonzalas to be before Senate panel today on firings of 8 U.S. Attorneys.

Crude oil is $63.00 per barrel.

Wholesale gasoline is $2.10 per gallon.

Natural gas just above $7.50 per unit.

Gold is $690.00 per ounce.

Budd Foxx