Wednesday, May 13, 2009

Pre-market Wednesday, May 13, 2009 - 7:45AM

Futures are down this morning before open - as of 7:42: DJIA INDEX 8,368.00 -68.00 S&P 500 898.80 -8.00 NASDAQ 100 1,368.75 -16.25 News of interest: Intel Fined $1.45 Billion by EU in Antitrust Dispute - Bloomberg Three-Month Dollar Libor Declines Three Basis Points to 0.88% - Bloomberg OPEC Raised Oil Output for the First Time Since July - Bloomberg U.S. Median House Price Declines 14% - WSJ Frontier paying $8.6 billion for Verizon lines - MarketWatch U.S. foreclosures at record rate in April - MarketWatch Money market rates fall to pre-Lehman levels - Financial Times Economic events for today: Wednesday: 7:00 MBA Purchase Applications; 8:30AM Retail Sales; Import/Export Prices; 10:00 AM Business Inventories; 10:30 EIA Petroleum Status Earning reports before market opens:

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