Citigroup beat the earnings estimate this morning excluding the Katrina cost. GM reached an agreement with UAW to lower health care cost. Both stocks are up on the news and is helping the market this morning.

Oil is up on concern of the new storm Wilma approaching the Gulf coast.

This entry was posted on Monday, October 17th, 2005 at 10:23 am and is filed under Opening Bell. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.