Monday, December 03, 2007

Morning News

Futures are pointing to a flat to slightly higher open this morning.

European markets are trading slightly lower at this point today.

In Tokyo the Nikkei 225 ended lower.

Crude oil down to $87.95 per barrel.

Wholesale gasoline is $2.21 per gallon.

Natural gas is $7.16 per unit.

Gold is sitting at $781.00 per ounce.

Data on the manufacturing sector will be released today.

Automakers will release November vehicle sales today.

Vivendi will join video game division with Activision.

Lewis Alexander from Citigroup thinks interest rates will drop another poin.

OPEC will be meeting on Wednesday.

Hugo Chavez bid for more power turned down by voters in Venezuela.

Budd Foxx

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