Tuesday, November 27, 2007

Morning News

Futures are pointing to a higher open this morning.

European markets are trading lower so far today.

In Tokyo the Nikkei 225 did end higher.

Crude oil is $96.59 per barrel.

Wholesale gasoline is $2.42 per gallon.

Natural gas is currently $7.64 per unit.

Gold sitting at $822.00 per ounce.

Poll on November consumer confidence will be released this morning.

Philly Fed President Charles Prosser , and Chicago Fed President Charles Evans will be speaking about the economy today.

Yesterday's action saw the Dow tank 237 points, the Nasdaq lost 56 points, and the S&P giving back 33 points.

Citigroup reportedly will get $7.5 billion investment from Abu Dhabi.

Online Shopping service hosted by Yahoo having major problems yesterday.

Universal Studios to build park in South Korea by 2012.

Budd Foxx

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