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

Stocks Mixed in Early Trading

Jobless claims jumped more than expected, and consumer spending and durable-goods orders slightly fell less than expected. The mixed readings helped lead to a mixed open on Wall Street.

On a short trading day, the Dow posted gains in the first moments of trading, up 36.56, or 0.43 percent, to 8,456.05. The S&P 500 was up just slightly, gaining 1.47, or 0.17 percent, to 864.63. And the Nasdaq inched lower, losing 1.04, or 0.07 percent, to 1,520.50.

Crude oil for February delivery was falling, down $1.54 to $37.44.

The Nasdaq had kids present for the open of trading, with the Salvation Army starting the day, while the New York Stock Exchange opted for pets. Iams Home 4 the Holidays rang the opening bell there.

--Terri Rupar

By Terri Rupar  |  December 24, 2008; 9:39 AM ET
Categories:  The Ticker  
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