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Markets Open Down

With all eyes on Washington and the inauguration of President-elect Barack Obama today, Wall Street is down in opening trading.

In the first 20 minutes of the day, the Dow is down about 85 points, or 1 percent.

The S&P 500 and the Nasdaq are both down more than 1 percent.

In earnings news, Johnson & Johnson fourth-quarter profits rose 14 percent, as the company projects a flat 2009.

-- Frank Ahrens
The Ticker is Twittering!

By Frank Ahrens  |  January 20, 2009; 9:57 AM ET
Categories:  The Ticker  | Tags: Dow Jones, nasdaq, s&p 500  
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