Oil surges to new highs while the US jobless rate remains steady at 4.6%.
AMD warns second quarter profits will be less than forecasted because of weak chip sales.
According to published reports, Microsoft (MSFT) is getting close to the roll-out stage of its competitor to Apple’s iPod, which will be capable of downloading songs wirelessly, something that current iPod models don’t do. The Microsoft device is said to be ready to reach retail shelves for the Chistmas season which is usually the highest selling potion of the year for the computer and electronics industries.
The DJIA is set to open at 11,090.67 Monday morning, the Nasdaq is set to open at 2,130.06 and S&P 500 at 1,265.48. the Canadian Market the TSX is set to open at 11,631.91.
Have a great and profitable week!