Morning News

Futures are up this morning pointing to a higher open.

European markets are trading higher so far today.

In Tokyo the Nikkei 225 did end higher.

Crude oil is currently $68.71 per barrel.

Wholesale gasoline is $2.21 per gallon.

Natural gas sitting at $7.52 per unit.

Gold is $664.00 per ounce.

Energy Dept. will release weekly oil inventory levels at 10:30 this morning.

Treasury Secretary Henry Paulson will testify today about the China's currency.

President Bush expected to veto a bill today which would have lifted restraints on funded stem cell research.

Home Depot to sell supply unit for $10 billion. The company has also announced an extension to its share buyback program by $22.5 billion.

FedEx Corp. Circuit City, Best Buy, and Morgan Stanley all set to releaase earnings today.

Darden Restaurants earnings come in a little weaker than expectations.

Microsoft to make changes to its Vista search after complaint filed by Google.

Budd Foxx