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Stocks mixed at opening
Wall Street opened mixed this morning, following news that home prices in the nation's largest metro areas increased for the third month in a row.
In the first 15 minutes of trading, the Dow is up less than two-tenths of 1 percent.
The broader S&P 500 is just above water and the tech-heavy Nasdaq is down less than one-tenth of 1 percent.
Even though home prices are still down 11.3 percent compared with this time last year, they rose for the third straight month, according to the S&P 500/Case Shiller home index, released this morning.
Elsewhere, energy giant BP beat earnings forecasts by cutting costs.
-- Frank Ahrens
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By
Frank Ahrens
|
October 27, 2009; 9:54 AM ET
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