Network News

X My Profile
View More Activity
2.7%  Q1 GDP    4.57%  avg. 30-year mortgage     9.5%  Unemployment

Markets Open Lower

Stocks fell slightly out of the gate this morning, a day after investors absorbed President Obama's speech to Congress last night outlining ambitious plans to help the economy and reform the nation's health care system.

In the first 15 minutes of trading, the Dow Jones industrial average is down .8 percent, or 60 points. The broader Standard & Poor's 500 index is down .84 percent, or 6 points, and the Nasdaq is down 1 percent or 15 points.

Today, Fed chairman Ben Bernanke starts his second day on Capitol Hill. Yesterday, the markets seemed to like what he said, as the Dow gained 3.3 percent. Today, the markets are moving in the opposite direction, continuing a volatile week on Wall Street.

Stay tuned.

--Sara Goo

By Sara Goo  |  February 25, 2009; 9:46 AM ET
Categories:  The Ticker  | Tags: Dow Jones, Obama, nasdaq, s&p 500, stimulus plan  
Save & Share:  Send E-mail   Facebook   Twitter   Digg   Yahoo Buzz   StumbleUpon   Technorati   Google Buzz   Previous: Bernanke Channels Amazon's Bezos
Next: Existing Homes Sales Drop Steeply in January

No comments have been posted to this entry.

The comments to this entry are closed.

RSS Feed
Subscribe to The Post

© 2010 The Washington Post Company