Markets Flat at Opening
Wall Street opened up slightly off this morning, despite a "giant" oil find by BP and not-so-bad jobs news.
In the first 20 minutes of trading, the Dow is essentially flat.
The broader S&P 500 is down a little bit more but the tech-heavy Nasdaq is slightly positive.
British energy giant BP said in London this morning that it had discovered a "giant" oil field in the Gulf of Mexico that could add 7 to 10 percent to its reserves, though it probably will not be tapped until the second half of the next decade and is a staggering 35,000 feet underground.
Also this morning, private human resources company ADP said that August job losses were at the smallest rate since September 2008.
-- Frank Ahrens
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September 2, 2009; 9:54 AM ET
Categories: The Ticker | Tags: BP, Dow Jones, nasdaq, s&p 500
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