Morning News

Futures are pointing to a weaker open this morning.

European markets are trading flat to lower so far today.

In Tokyo the Nikkei 225 did close lower.

Crude oil is currently $95.06 per barrel.

Wholesale gasoline is $2.40 per gallon.

Natural gas is at $8.16 per unit.

Gold is sitting at $877.00 per ouce.

Weekly jobless claims will be released at 8:30 this morning.

November wholesale inventories will be released at 10:00 this morning.

Energy Dept. will release natural gas inventories at 10:30 this morning.

Retailers will be reporting same store sales today.

Ben Bernanke will be speaking at 1:00 this afternoon.

Yesterday's action saw the Dow get back 146 points, and the Nasdaq ended 34 points higher, and the S&P was up 19 points.

Bank of England has left key interest rate unchanged at 5.50%

Alcoa Inc. out with better than expected quarterly results last night after the bell.

A report is out that Merril Lynch and Citigroup are in talks to get more capital injections from foreign investors.

Budd Foxx