Tuesday, February 19, 2008

Morning News

Futures are pointing to a higher open this morning.

European markets are trading just a bit higher so far today.

In Tokyo the Nikkei 225 did close higher.

Crude oil is on the move current price is $97.53 per barrel.

Wholesale gasoline is up to $2.56 per gallon.

Natural gas has made it up to $8.88 per unit.

Gold is currently $919.00 per ounce.

NAHB housing market index for the month set for release.

Friday's action had the Dow closing 28 points lower, the Nasdaq lost 10 points, and the S&P closed 1 point higher.

Cuban President Fidel Castro stepping down after taking power back in 1959.

Gary Dunton being replaced by Jay Brown at MBIA.

Wal-Mart Stores out with what looks like pretty much inline numbers for the fourth quarter.

Research In Motion, and Motorola sue each other over patent infringements.

General Electric to adjust accounting practices.

Verizon to announce wireless plans for flat rate domestic calling today.

Budd Foxx

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