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2.7%  Q1 GDP    4.57%  avg. 30-year mortgage     9.5%  Unemployment

Markets Stumble Out Of Gate

Yesterday, the Dow rallied to close up more than 4 percent.

So, naturally, it's retreating on opening today.

In the first 15 minutes of trading, the Dow is down about 100 points, or about 1 percent. Dow-watchers today will be looking to see if the index can keep its head above the 9,000 mark.

The S&P 500 and Nasdaq are faring worse, each down more than 1 percent.

Ford-watch: Following this morning news that billionaire investor Kirk Kerkorian is dumping his stake in Ford, shares of the troubled automaker are down 3 percent.

-- Frank Ahrens

By Frank Ahrens  |  October 21, 2008; 9:50 AM ET
Categories:  The Ticker  
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