Markets Open Slightly Up
Well, Wall Street is on its own today.
The stimulus bill is signed, Treasury Secretary Tim Geithner is still working out the details of his comprehensive recovery plan and no big news is on tap from Washington today. (Other than Obama's trade trip to Canada, which probably won't move the needle.)
So the markets today presumably will be trading on earnings and other underlying fundamentals, rather than on the anticipation of another huge stimulus from Washington.
In the first 15 minutes of trading, the Dow is trading up about 55 points, or a little more than half of 1 percent.
The S&P 500 and the Nasdaq are both up about 1 percent.
February 19, 2009; 9:47 AM ET
Categories: The Ticker | Tags: Dow Jones, Obama, nasdaq, s&p 500
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