Markets Dive at Opening
The markets opened down sharply today, shaking off surprisingly good retail news this morning and possibly still feeling a hangover from Tuesday's dreadful day.
In the first 15 minutes of trading, the Dow is down about 160 points, or nearly 2 percent.
The S&P 500 is down 2 percent, and the Nasdaq is down about 1.5 percent.
In today's earnings news, Coca-Cola said its fourth-quarter earnings fell 18 percent, though the cola king still beat Street estimates.
-- Frank Ahrens
The Ticker is Twittering!
By
Frank Ahrens
|
February 12, 2009; 9:47 AM ET
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The Ticker
| Tags: Dow Jones, Retail, nasdaq, s&p 500
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