Morning News

Futures are up this morning pointing to a higher open.

European markets are trading to the upside so far today.

In Tokyo the Nikkei 225 did have a down day.

Crude oil is up to $64.97 per barrel.

Wholesale gasoline continues to go higher current price is $2.43 per gallon.

Natural gas is back above $8.00 per unit.

Gold slipping to $658.00 per ounce.

University of Michigan's poll on May Consumer Sentiment will be released at 10:00 this morning.

Reports are out that General Electric is close to a sale of its plastic unit for as much as $11 billion.

British Airways losing ground after reporting a quarterly loss.

Royal Dutch Shell begins production in Bonny Light Field in Nigeria after protestors took the place over.

World Bank President Paul Wolfowitz to step down.

Ben Bernanke speaking yesterday believes subprime mortgage problems will not hurt the economy badly.

Budd Foxx