Friday, June 01, 2007

Morning News

Futures are up pointing to a higher open this morning.

European markets are trading to the upside this morning.

In Tokyo the Nikkei 225 did have another up day.

Crude oil is $64.00 per barrel.

Wholesale gasoline pulling back to $2.19 per gallon.

Natural gas remains just under $8.00 per unit.

Gold is currently $668.00 per ounce.

May jobs report set for release this morning.

Consumer spending for the month of April will be released at 10:00 this morning.

Final reading on May consumer sentiment will also be released at 10:00 this morning.

Manufactoring index for the month of May also set for release this morning.

Automakers will release U.S. monthly sales today.

Wal-Mart Stores to hold annual stockholder meeting in Arkansas today.

Dell Inc. reportedly will cut 10% of its workforce.

BP PLC reportedly could lose license to develop massive gas field in Siberia.

Budd Foxx

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