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2.7%  Q1 GDP    4.57%  avg. 30-year mortgage     9.5%  Unemployment

Markets Open Flat to Slightly Down

Wall Street opened up flat to slightly down this morning in what looks to be a quiet trading day.

In the first 15 minutes of trading, the Dow is off about 10 points, or essentially flat.

The S&P 500 is down about the same amount but the Nasdaq is up slightly.

News today: The Fed's Beige Book comes out at 2 p.m., with anecdotal economic evidence from the Fed's 12 U.S. districts. The last Beige Book, released in late July, showed slowing economic conditions across the U.S. but did reveal a few bright spots of recovery.

Also, today marks the six-month anniversary of the March 9 stock market bottom. We'll be taking a closer look at this later today in The Ticker.

-- Frank Ahrens
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By Frank Ahrens  |  September 9, 2009; 9:50 AM ET
Categories:  The Ticker  | Tags: Beige Book, Dow Jones, nasdaq, s&p 500  
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Next: Fed's Beige Book: Continued Stabilization

Comments

"Gold flows are greatly affected by forces outside Federal Reserve regulation." My Fed book.

Posted by: Dermitt | September 9, 2009 10:45 AM | Report abuse

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