Markets Open Up Slightly
Wall Street opened slightly up this morning, as it digested May retail numbers that continued to fall.
In the first 15 minutes of trading, the Dow was a few points above water.
The broader S&P 500 was up about one-third of 1 percent and the tech-heavy Nasdaq was up more than half of 1 percent.
Of retail results examined thus far by Thomson Reuters, 13 missed May estimates, five beat estimates and one matched them.
The monthly retail numbers are skewed because Wal-Mart -- the nation's biggest retailer -- said it would stop reporting monthly results.
Wal-Mart said this morning that it will hire 22,000 new workers.
June 4, 2009; 9:52 AM ET
Categories: The Ticker | Tags: Dow Jones, nasdaq, s&p 500, wal-mart
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