Morning News

Futures are pointing to a higher open this morninmg.

European markets are trading higher so far today.

In Tokyo the Nikkei 225 did end higher.

Crude oil has pulled back to below $90.00 per barrel.

Wholesale gasoline is $2.23 per gallon.

Natural gas is sitting at $7.50 per unit.

Gold has slipped to $795 per ounce.

October personal income, and consumer spending will be released at 8:30 this morning.

October core inflation also due out at 8:30 this morning.

November Chicago PMI to be released at 9:45 this morning.

October construction spending set for release at 10:00 this morning.

Yesterday's action saw the Dow gain 22 points, the Nasdaq ended up 5 points, and the S&P finished flat.

Ben Bernanke speaking yesterday left the door wide open for further rate cuts.

Dell Inc. reports 27% rise in profit, but future results could be weak.

Sears Holding Corp. gets subpoena from district attorney in California over handling of hazardous waste.

Zoe Cruz to step down at Morgan Stanley.

Budd Foxx