World Markets and Futures

• Futures are pointing to a much lower open

• Asian Markets are trading lower

• European Markets are trading lower

• HP quarterly profit and sales are strong

• Bank of America issues MasterCard debit cards
  

• Peru Quake Death Toll Exceeds 500

• Goldman Sachs says Fed will cut interest rate to 4.5%
  

• Michigan Sentiment at 10 am market expects 88.5

• Crude Oil is $71.73 per barrel

• Gold is up a bit and is $661.60 per ounce