Morning News
Futures are down pointing to another down day.
European markets are also trading lower today.
In Tokyo the Nikkei 225 did close lower.
Crude oil pulling back just a bit to $66.39 per gallon.
Wholesale gasoline is $2.17 per gallon.
Natural gas $7.75 per unit.
Gold continues to slip current price is $659.00 per ounce.
April trade gap numbers will be released at 8:30 this morning.
Consumer confidence reaching a ten month low on housing problems, and rising fuel prices.
The Dow giving back nearly 400 points over the past three sessions with what looks like more to come today.
The yield on the ten year treasury note breaks through 5% moving toward 5.25%
Budd Foxx
European markets are also trading lower today.
In Tokyo the Nikkei 225 did close lower.
Crude oil pulling back just a bit to $66.39 per gallon.
Wholesale gasoline is $2.17 per gallon.
Natural gas $7.75 per unit.
Gold continues to slip current price is $659.00 per ounce.
April trade gap numbers will be released at 8:30 this morning.
Consumer confidence reaching a ten month low on housing problems, and rising fuel prices.
The Dow giving back nearly 400 points over the past three sessions with what looks like more to come today.
The yield on the ten year treasury note breaks through 5% moving toward 5.25%
Budd Foxx
posted by Gordengekko at 7:57 AM
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