GDP Fuels Solid Market Opening
A better-than-expected report this morning on GDP fueled a strong opening by Wall Street, which is solidly in the green across the board.
In the first 20 minutes of trading, the Dow was up 52 points, or about 0.6 percent.
The S&P 500 and the tech-heavy Nasdaq were both up about half of 1 percent.
Thanks to yesterday's big rally, the markets are on pace to have the best July since 1939. So take that for what it's worth.
-- Frank Ahrens
Sign up to get The Ticker on Twitter
By
Frank Ahrens
|
July 31, 2009; 9:59 AM ET
Categories:
The Ticker
| Tags: Dow Jones, GDP, nasdaq, s&p 500
Save & Share:
Previous: Will GDP News Turbocharge Market Today?
Next: Post Co. Moves Back Into the Black: What Does It Mean?
The comments to this entry are closed.
No comments have been posted to this entry.