Network News

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

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.

-- Frank Ahrens
The Ticker is Twittering!

By Frank Ahrens  |  February 19, 2009; 9:47 AM ET
Categories:  The Ticker  | Tags: Dow Jones, Obama, nasdaq, s&p 500  
Save & Share:  Send E-mail   Facebook   Twitter   Digg   Yahoo Buzz   Del.icio.us   StumbleUpon   Technorati   Google Buzz   Previous: Obama: Housing Plan Will Not Aid the 'Unscrupulous and Irresponsible'
Next: The Furlough Weekend: An Alternative To Layoffs?

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