** US WRAP **

** COMMODITY HEADLINES **

- Gold May Reach 25-Year High; Iran Dispute Spurs Investor Demand for Haven
- Metals Extend Rallies; Zinc, Lead Reach Records, Aluminum at 17-Year High
- Zinc Rises to a Record for a Third Consecutive Day After Refinery Closed
- Oil Is Steady Close to 3-Month High Amid Concern Over Iran’s Nuclear Plan
- Soybeans Rise on Speculation Cheaper Supplies Will Spur More U.S. Exports
- Cattle Prices Rise After South Korea Lifts Its Ban on Imports of U.S. Beef

** TRADING HEADLINES **

- U.S. Production Rose for Strongest Quarter in Six Years, Report May Show
- Wal-Mart Says January U.S. Same-Store Sales Are Rising Within Its Forecast
- U.S. Stocks’ January Rally Stalls This Week; Alcoa, Tyco Miss Estimates
- Johnson & Johnson Raises Stakes for Guidant, Pressuring Boston Scientific
- Burger King Owners Plan $2.5 Billion IPO, London’s Sunday Times Reports
- Northwest Airlines’ Largest Union Says It Will Hold Vote on New Contract
- Treasuries Rise for Second Week After Inflation, Consumer Spending Reports
- Alaska Airlines Resumes Flights That Were Canceled by Volcanic Eruption
- GM Says Results to Improve, Doesn’t Predict When It Will Return to Profit
- Hybrid-Car Buyers to Get U.S. Tax Credits, Helping Offset Sticker Price
- Advanced Micro Devices, Dominion Homes, Fluor, Tyco: U.S. Equity Movers

** TODAY **

It’s a public holiday in the US today (Martin Luther King Day).

Technorati : morning notes, us wrap