Morning News
Futures are pointing to a higher start to the morning.
European markets are trading higher so far today.
In Tokyo the Nikkei 225 did end a bit higher.
Crude oil is $90.59 per barrel.
Wholesale gasoline is sitting at $2.29 per gallon.
Natural gas is $8.16 per unit.
Gold is currently $877.00 per ounce.
Reports on leading indicators, and consumer sentiment will be out at 10:00 this morning.
President Bush will be speaking about the economy and a stimulus package today.
Yesterday's action saw the Dow take a beating to the tune of nearly 307 points, the Nasdaq lost 47 points, and the S&P gave back nearly 40 points.
International Business Machines guides 2008 forcast above expectations.
Washington Mutual reports a $1.87 billion loss for the quarter after a $1.6 billion write down.
General Electric quarterly profit up 4% revenue better than the expected $47.28 billion, and holds 2008 guidance.
Budd Foxx
European markets are trading higher so far today.
In Tokyo the Nikkei 225 did end a bit higher.
Crude oil is $90.59 per barrel.
Wholesale gasoline is sitting at $2.29 per gallon.
Natural gas is $8.16 per unit.
Gold is currently $877.00 per ounce.
Reports on leading indicators, and consumer sentiment will be out at 10:00 this morning.
President Bush will be speaking about the economy and a stimulus package today.
Yesterday's action saw the Dow take a beating to the tune of nearly 307 points, the Nasdaq lost 47 points, and the S&P gave back nearly 40 points.
International Business Machines guides 2008 forcast above expectations.
Washington Mutual reports a $1.87 billion loss for the quarter after a $1.6 billion write down.
General Electric quarterly profit up 4% revenue better than the expected $47.28 billion, and holds 2008 guidance.
Budd Foxx
posted by Gordengekko at 7:16 AM
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