Monday, August 18, 2008

Morning News

Futures are pointing to a higher open

In Japan the Nikkei 225 closed up 1.12%

In Hong Kong the Hang Seng closed down 1.10%

European markets are currently trading higher

Lowe's Earnings Fall for 4th straight quarter on U.S. housing decline

Dollar falls as Housing, Inflation Reports May Delay Fed's Rate Increase

Tropical Storm Fay maybe become a Hurricane before reaching Florida

Crude Oil trading up due to Tropical Storm Fay

Crude Oil is $114 per barrel

Gold is $798.50 per ounce

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