Wall Street Opens Modestly
Despite getting some bad news -- October housing starts plunged to their lowest level in history -- the markets opened flat today. Perhaps the markets were buoyed by the record drop in consumer prices, driving by plummeting gas prices.
In the first 15 minutes of trading, the Dow is clinging to even, shifting back and forth from positive to negative territory by a handful of points.
The S&P 500 and the Nasdaq are both trading just barely in negative territory.
Ringing the bell at the New York Stock Exchange was KISS lead singer, and star of his own reality show, Gene Simmons.
In other news, Toyota said it will trim U.S. production, as sales drop.
-- Frank Ahrens
The Ticker is Twittering!
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