Quick Overview

• The Commerce Dept. showed a decline in durable goods orders of 2.8% last month - the biggest one-month drop in 2 1/2 years - following a 0.5% gain a month earlier that has been revised to a -0.2%, Excluding transportation, the decline was a less severe 1.0.

• The U.S. DoE said that the U.S. imported 10.9 million barrels of crude oil last week, the third largest amount ever. Crude oil supplies increased 5.5 million barrels to 324.4 million barrels. Unleaded supplies were down 300,000 barrels and heating oil supplies were up 400,000 barrels.

• The USDA report showed that 30% of the U.S. corn crop has been planted, more than was expected.

• Consumer prices in Australia were up 2.4% in the first quarter from a year ago, less of a gain than was expected .

• Overall trucking freight volumes fell 3.3% on a seasonally adjusted basis to 111.6 in March, according to an American Trucking Associations index released Wednesday.

• Asian soybean rust has been found in Georgia, with a positive identification confirmed Wednesday.