Markets Open Slightly Up
Wall Street opened up slightly this morning, possibly bolstered by the not-as-bad-as-expected April housing prices report out this morning.
In the first 15 minutes of trading, the Dow was up about 20 points.
The broader S&P 500 was up about one-quarter of 1 percent and the tech-heavy Nasdaq was up about half of 1 percent.
April home prices in 20 key cities were down 18.1 percent compared with April 2008, but that was not as much of a drop as predicted, indicating the housing market might be bottoming.
-- Frank Ahrens
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By
Frank Ahrens
|
June 30, 2009; 9:51 AM ET
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The Ticker
| Tags: Dow Jones, nas, s&p 500
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