Daniel Gross

Morning Reading: Investors Uneasy

What to watch, courtesy of Yahoo! Finance's Elizabeth Trotta:

Global stocks are lower and U.S. futures are pointing to losses Friday as world finance leaders prepare to meet and markets digest speeches from President Obama and Fed Chairman Ben Bernanke.

* President Barack Obama announced a $447 billion plan to stimulate job creation in a joint address to Congress Thursday evening.

* Finance chiefs from the Group of Seven industrialized nations meet Friday under heavy pressure amid Europe's debt crisis and world economic uncertainty.

* Bank of America officials have discussed cutting 40,000 jobs in the first wave of restructuring, the Wall Street Journal reported.

Economic Data:

10 a.m.: Wholesale inventories

Early Headlines:

Stocks lower ahead of G-7 meeting

Economic gloom piles pressure on G7 finance talks

Obama Goes Big — and Political — with $450 Billion Stimulus Plan

Obama Turns to Old Playbook to Grow Jobs With Tax Cuts, Spending

Economists show support for Obama job-growth plan

Republicans make nice, but wary of Stimulus 2

BofA discussing about 40,000 job cuts: report

Yahoo Chairman Roy Bostock Risks Losing Own Job After Ousting Carol Bartz

China's rising prices slow in August

Global bondholders to decide on Greek swap offer

Oil near $88 after Obama announces jobs bill

Perry's Talk of Ponzi Implies Fraud in Long-Popular U.S. Social Security

Wal-Mart brings back layaway for holiday shoppers


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