Morning News

Futures are pointing to a slightly higher open this morning.

European markets are trading lower so far today.

In Tokyo the Nikkei 225 did end just a bit higher.

Crude oil is sitting at $93.00 per barrel.

Wholesale gasoline is $2.37 per gallon.

Natural gas is $8.35 per unit.

Gold has slipped back to just above $900.00 per ounce.

Retail sales number will be out this morning.

December business inventories will be released at 10:00 this morning.

Energy Dept. will release weekly oil inventory levels at 10:30 this morning.

Yesterday's action had the Dow close 133 points higher, the Nasdaq finished unchanged, and the S&P added 9 points.

Barack Obama and John McCain sweep primaries in all three states yesterday.

Venezuela halts shipments of oil to Exxon Mobil.

Hollywood writers vote to accept new contract will go back to worka as early as today.

Coca Cola out with 4th quarter results which look to be just a bit better than expectations.

Budd Foxx