Morning News
Futures are getting drilled here this morning.
European markets are trading lower today.
In Tokyo the Nikkei 225 did finish lower.
Crude oil is $110.00 per barrel.
Wholesale gasoline is $2.69 per gallon.
Natural gas is sitting just below $10.00 per unit.
Gold has made its way up to $1,021.00 per ounce.
Friday's action saw the Dow close 194 points lower, the Nasdaq lost 51 points, and the S&P finished 27 points lower.
Federal Reserve on Sunday cut its discount rate to 3.25%
President Bush reportedly will be speeking on the economy today.
Bear Stearns has agreed to be acquired by J.P. Morgan for $236 million.
Wilber Ross to buy Option One mortgage servicing business.
Budd Foxx
European markets are trading lower today.
In Tokyo the Nikkei 225 did finish lower.
Crude oil is $110.00 per barrel.
Wholesale gasoline is $2.69 per gallon.
Natural gas is sitting just below $10.00 per unit.
Gold has made its way up to $1,021.00 per ounce.
Friday's action saw the Dow close 194 points lower, the Nasdaq lost 51 points, and the S&P finished 27 points lower.
Federal Reserve on Sunday cut its discount rate to 3.25%
President Bush reportedly will be speeking on the economy today.
Bear Stearns has agreed to be acquired by J.P. Morgan for $236 million.
Wilber Ross to buy Option One mortgage servicing business.
Budd Foxx
posted by Gordengekko at 8:25 AM
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