Reply #5: Buy or bye [View All]

[ozymandius]

NEW YORK (CNN/Money) - Stocks were looking for direction early Thursday ahead of a closely watched report on U.S. fuel inventories.

U.S. stock futures were up in early trading, although a comparison to fair value indicated a flat to slightly lower opening for stocks,

Oil prices were also essentially flat ahead of the weekly inventory report at 10:30 a.m. ET, which is a day later than normal this week due to the Columbus Day holiday.

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Economic reports Thursday include the reading on the U.S. trade deficit for August. Economists surveyed by Briefing.com forecast the gap between the nation's imports and exports rose to $59.5 billion from $57.9 billion in July on higher oil prices.

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http://money.cnn.com/2005/10/13/markets/stockswatch/index.htm