Morning News

Futures are pointing to a slightly lower open this morning.

European markets are trading just a bit lower so far today.

Crude oil continues to rise current price is $76.12 per barrel.

Wholesale gasoline sitting at $2.00 per gallon.

Natural gas is $5.84 per unit.

Gold making a move to $693.00 per ounce.

Weekly jobless claims will be out at 10:00 this morning.

Second quarter productivity numbers will also be released at 8:30 this morning.

August non manufacturing poll from the Institue of Supply Management will be released at 10:00.

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

Monthly sales reports from most major chain stores will out today.

Apple Inc. announcing new iPod touch screen, an iPod nano which can play videos, and the company also announcing they will slash the price of its iPhone.

Countrywide Financial will cut 900 more jobs. This comes after 500 jobs last month.

Finally Are You Ready For Some Football ?? The NFL season gets under way tonight with the Colts playing the Saints.

Budd Foxx