Morning News
Futures are pointing to a very weak open this morning.
European markets are trading lower so far today.
In Tokyo the Nikkei 225 ended lower.
Crude oil is sitting just above $74.00 per barrel.
Wholesale gasoline is $2.11 per gallon.
Natural gas remains just above $6.30 per unit.
Gold is $668.00 per ounce.
Consumer Price Index for the month of June will be released at 8:30 this morning.
Housing starts for the month of June will be released this morning.
Building permit numbers for the month will also be released this morning.
Energy Dept. will release weekly inventory levels at 10:30 this morning.
Ben Bernanke will testify before Congress today.
Yahoo Inc. reports a drop in Profit and is cutting its earnings outlook for the year.
Intel saw a rise in earnings but missed its gross margin forcast.
Pfizer reports a weak quarter on a dip in drug sales.
A report is out that Bear Stearns has two hedge funds that are worthless.
195 people are dead in Brazil after plane crashes into a gas station.
Budd Foxx
European markets are trading lower so far today.
In Tokyo the Nikkei 225 ended lower.
Crude oil is sitting just above $74.00 per barrel.
Wholesale gasoline is $2.11 per gallon.
Natural gas remains just above $6.30 per unit.
Gold is $668.00 per ounce.
Consumer Price Index for the month of June will be released at 8:30 this morning.
Housing starts for the month of June will be released this morning.
Building permit numbers for the month will also be released this morning.
Energy Dept. will release weekly inventory levels at 10:30 this morning.
Ben Bernanke will testify before Congress today.
Yahoo Inc. reports a drop in Profit and is cutting its earnings outlook for the year.
Intel saw a rise in earnings but missed its gross margin forcast.
Pfizer reports a weak quarter on a dip in drug sales.
A report is out that Bear Stearns has two hedge funds that are worthless.
195 people are dead in Brazil after plane crashes into a gas station.
Budd Foxx
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