Markets Open Down Slightly
The markets opened down this morning, despite a surprise jump in February housing starts released this morning.
In the first 20 minutes of trading, the Dow is off about 44 points, or about .6 percent.
The broader S&P 500 is down about half of 1 percent, but the tech-heavy Nasdaq is up slightly.
Also in play with the markets this morning: The 0.1 percent February wholesale price increase data released this morning. Translation: economists look at this figure and see no threat of inflation.
In other news, 45 percent of those questioned by a CNN/Opinion Research Corp. poll released this morning believe it "likely" that another Great Depression will occur within the next year.
That number is up from 38 percent of those polled in December.
-- Frank Ahrens
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By
Frank Ahrens
|
March 17, 2009; 9:50 AM ET
Categories:
The Ticker
| Tags: Dow Jones, nasdaq, s&p 500
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