Markets Down Slightly At Opening
Wall Street is down but only slightly at the opening, as the markets absorb worse-than-expected jobless claims numbers and declining retails sales, save for one exception -- Wal-Mart.
In the first 15 minutes of trading, the Dow is down about 45 points, or less than half of 1 percent.
The S&P 500 and the Nasdaq are both down less than 1 percent.
Wal-Mart's January sales beat Wall Street estimates.
At 10 a.m., the Senate Banking committee calls the bailout accountability-watchers before it to ask them if the $700 billion relief program is working right. Check back here for updates; The Ticker will be watching the hearing.
February 5, 2009; 9:49 AM ET
Categories: The Ticker | Tags: Dow Jones, nasdaq, s&p 500, unemployment
Save & Share: Previous: Today's Focus: Jobless Claims, Retail, Stimulus
Next: Bailout Overseer: Treasury Overpaid By Nearly $80 Billion
The comments to this entry are closed.