Last Trading Day Of May

Good morning. On this last trading day of May, premarket futures are in positive territory.

Top stories this morning include the latest GDP, General Motors will file bankruptcy on Monday and the restructuring will cost taxpayers much more than expected, earnings from Dell and cautious comments from its CFO, rising mortgage rates, and continued worldwide strength in commodities.

Premarket gainers: STSI, OVTI, JCG, ODP, DPTR, BEXP, AAUK, HALO, RYAAY, CTIC, FCS, IOC, BZH, PMI, BEAT, ELNK, GOLD, ATPG, NOVL, LINE, RCL, HBC, GOLD, TOT, GFI, EXEL, SOL, CIEN, VNDA, ERIC, SLW, AUY, HMY, & GG.

Premarket losers: QSII, CPD, OCLS, MRVL, JMBA, ESL, MENT, RE, CTAS, AXYS, EDZ, WBS, GNBT, KRC, SMN, SEE, VISN, LVLT, & EEV.

At 9:45 we have the Chicago PMI and 10 minutes later the release of the University of Michigan Consumer Sentiment survey.

I suppose we'll all see soon enough if we get the "buy the bankruptcy news" trade finally in General Motors. Go make it a great day!