Markets Up Slightly At Opening
Wall Street tiptoed cautiously out of the gates today ahead of some key economic data that is expected to be bad -- but not as bad as it might be.
In the first 15 minutes of trading, the Dow is up about 65 points, or .7 percent.
The S&P 500 is up about .8 percent and the Nasdaq is up 1 percent.
Starting at 10 a.m., data is due out on the service sector, factory orders and pending home sales.
We'll be eying the November index of pending home sales as a key of whether money is starting to flow again in the economy.
-- Frank Ahrens
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By
Frank Ahrens
|
January 6, 2009; 9:46 AM ET
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The Ticker
| Tags: Dow Jones, home sales
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