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

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
The Ticker is Twittering!

By Frank Ahrens  |  January 6, 2009; 9:46 AM ET
Categories:  The Ticker  | Tags: Dow Jones, home sales  
Save & Share:  Send E-mail   Facebook   Twitter   Digg   Yahoo Buzz   StumbleUpon   Technorati   Google Buzz   Previous: Today's Focus: Economic Data, Fed Minutes
Next: Pending Home Sales Drop to Record Low

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