08:00 ET Premarket Update

Friday, February 15, 2008

Futures suggest a modestly lower start following yesterday's steep declines. Continued concerns over bond insurers and yesterday's comments by Bernanke are weighing on the market. Garnering attention this morning is news that Berkshire Hathaway (BRK.A) has taken a stake in Kraft (KFT) and GlaxoSmithKline (GSK) and increased its stake in Wells Fargo (WFC) and CarMax (KMX).