Markets Open Mixed
Wall Street opened mixed, as traders get ready for a week chock-full of second-quarter earnings.
In the first 15 minutes of trading, the Dow was up about 24 points, or less than half of 1 percent.
The S&P 500 was up about the same amount, but the tech-heavy Nasdaq was down about the same amount.
The big banks move onto the earnings stage this week and will be closely watched to see if they are showing signs of improved health. This great recession -- now in its 19th month -- began in the financial sector, which dragged down the rest of the global economy.
Goldman Sachs, J.P. Morgan Chase & Co., Bank of America and Citigroup are scheduled to report earnings this week.
-- Frank Ahrens
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By
Frank Ahrens
|
July 13, 2009; 9:50 AM ET
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The Ticker
| Tags: Dow Jones, nasdaq, s&p 500
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