Friday, October 19, 2007

Morning News

Futures are pointing to a mixed open this morning.

European markets are trading pretty flat so far today.

In Tokyo the Nikkei 225 took a hit to the down side.

Crude oil just keeps going higher current price is $89.72 per barrel.

Wholesale gasoline is up to $2.18 per gallon.

Natural gas is holding at $7.30 per unit.

Gold is up to $773.00 per ounce.

The dollar bouncing off new lows against the euro.

As many as 135 people are dead following a suicide bomb attack in Pakistan.

Google Inc. topping expectations with a 46% rise in quarterly profit.

Massachusetts regulators looking into Bear Stearns trading practices with two in house funds.

Caterpillar, Harley Davidson, Xerox, Wachovia, Honeywell, Boston Scientific, and 3M Company just a few of the companies set to report earnings today.

In case you missed it a great night in sports last night with Rutgers beating #2 South Florida in college footbal. In MLB the Boston Red Sox beat the Cleveland Indians to bring the series back to Boston with the Indians leading the series 3-2.

Budd Foxx

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