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Friday, August 29, 2008 9:03:47 AM
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Good morning and welcome to Before The Bell
While Democratic nominee Barack Obama’s soaring oratory last night was filled with exhortations of change (can he break a $20?), the stock market is seeing more of the same.
Fears of Hurricane Gustav’s effect on oil and gas installations in the Gulf of Mexico, rising crude oil prices and weaker corporate earnings -- this time from Dell Inc – all put pressure on stock futures this morning.
The world’s second largest computer maker said the companies are cutting back on technology spending, which sent shock waves through the tech sector including IBM and Apple.
The treasury market is set to close early today ahead of the long holiday weekend.
Drive safely this weekend and flip your burgers frequently.
Derek Caney
Newsmail Editor
> These messages are only the opinion of the poster, are no substitute for your own research,http://investorshub.advfn.com/boards/board.asp?board_id=7707
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