Morning News
Futures are pointing to a higher open this morning.
European markets are trading higher today.
In Tokyo the Nikkei 225 did end higher.
Crude oil is $107.25 per barrel.
Wholesale gasoline is $2.53 per gallon.
Natural gas is currently $9.21 per unit.
Gold is sitting at $1008.00 per ounce.
Data on February wholesale prices will be out at 8:30 this morning.
Housing starts and building permit figures will be released before the open this morning.
Federal Reserve expected to announce interest rate cut at 2:15 this afternoon.
Yesterday's action saw the Dow come back and close 21 points higher, the Nasdaq lost 35 points, and the S&P gave back 11 points.
Henry Paulson will be speaking this morning.
A report is out stating that about 50% of Bear Stearns employees could lose jobs through the deal with J.P. Morgan.
Budd Foxx
European markets are trading higher today.
In Tokyo the Nikkei 225 did end higher.
Crude oil is $107.25 per barrel.
Wholesale gasoline is $2.53 per gallon.
Natural gas is currently $9.21 per unit.
Gold is sitting at $1008.00 per ounce.
Data on February wholesale prices will be out at 8:30 this morning.
Housing starts and building permit figures will be released before the open this morning.
Federal Reserve expected to announce interest rate cut at 2:15 this afternoon.
Yesterday's action saw the Dow come back and close 21 points higher, the Nasdaq lost 35 points, and the S&P gave back 11 points.
Henry Paulson will be speaking this morning.
A report is out stating that about 50% of Bear Stearns employees could lose jobs through the deal with J.P. Morgan.
Budd Foxx
posted by Gordengekko at 7:35 AM
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