Wednesday, October 22, 2008

Futures Point to Lower Open

Morning! Pre-market futures are pointing to a lower open for the markets. Wachovia had a rather large loss on real estate writedowns (go figure) and McDonald's beat estimates. The EUR/USD is down another 1.5% and Oil fell below $70 a barrel. Again, with a slew of earnings the markets should be jumping around today as usual. I'll be back later for an update...