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

Stocks Now Headed South

Now that the market has had time to react to more negative news about the housing market, all of the major stock indicators have moved downward.

The Dow is down 42 points, or 0.49 percent, to 8,477. The S&P 500 is down 4 points, or 0.48 percent, to 867.45. And the Nasdaq is down 8 points, or 0.53 percent, to 1,524.

Trading volume has been very light, this being a holiday week and all.

-- Michael S. Rosenwald

By Michael S. Rosenwald  |  December 23, 2008; 12:24 PM ET
Categories:  The Ticker  
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