Morning News

Futures are pointing to a lower open this morning.

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

Leading indicators for the month of April will be out just after the open this morning.

Philidelphia Fed Survey will be released at noon today.

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

The Dow reaches another record high closing up 103 points. The Nasdaq ended the day up 22 points.

European markets are trading higher so far today.

In Tokyo the Nikkei 225 did end the day a bit lower.

Crude oil is just over $63.00 per barrel.

Wholesale gasoline is $2.36 per gallon.

Natural gas is sitting just under $8.00 per unit.

Gold has slipped to $662.00 per ounce.

Ben Bernanke will be speaking in Chicago the morning.

Hewlett Packard earnings come in slightly better than expectations.

Napster earnings come in well below expectations.

A survey released by travel Agency AAA shows high gas prices will not slow Memorial Day travel.

Budd Foxx