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

Wall Street Opens Slightly Down

Wall Street opened flat to slightly down following a couple of not-so-bad pieces of economic news this morning.

In the first 15 minutes of trading, the Dow is flat.

The broader S&P 500 is flat, while the tech-heavy Nasdaq is down about two-tenths of one percent.

The Labor Department reported this morning that new jobless claims dropped 12,000 last week. The economy is still losing jobs at an alarming rate, but not like it was in January.

Also, new housing starts hit expectations.

-- Frank Ahrens
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By Frank Ahrens  |  September 17, 2009; 9:50 AM ET
Categories:  The Ticker  | Tags: Dow Jones, nasdaq, s&p 500  
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