Network News

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

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
Sign up to get The Ticker on Twitter

By Frank Ahrens  |  March 17, 2009; 9:50 AM ET
Categories:  The Ticker  | Tags: Dow Jones, nasdaq, s&p 500  
Save & Share:  Send E-mail   Facebook   Twitter   Digg   Yahoo Buzz   StumbleUpon   Technorati   Google Buzz   Previous: PPI Core Up .1 Pct; Housing Starts Improve in February
Next: Nokia To Lay Off 1,700 Employees

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