Markets Up At Opening
The markets opened up this morning, as 19 of the nation's banks learn the results of the federal government's "stress test" set to be delivered today.
In the first 25 minutes of trading, the Dow is up about 62 points, or less than 1 percent.
The broader S&P 500 and the tech-heavy Nasdaq are both up about the same amount.
It's possible that the results of the stress test will mark the beginning of the end of uncertainty for the nation's big banks and, by extension, the financial system. Wall Street hates uncertainty.
Though the stress test results will be released privately only to the banks today, the test's methodology will be released publicly at 2 p.m. today.
April 24, 2009; 9:53 AM ET
Categories: The Ticker | Tags: Dow Jones, nasdaq, s&p 500
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