Stocks off after mixed jobs, earnings news
Wall Street opened off this morning following some mixed economic news. New jobless claims were higher than expected, but big companies reported strong third-quarter earnings.
In the first 30 minutes of trading, the Dow is down two-tenths of 1 percent.
The broader S&P 500 is down half of 1 percent, and the tech-heavy Nasdaq is down more than six-tenths of 1 percent.
New jobless claims filed last week rose to 531,000, after falling for five of the past six weeks.
On the other hand, McDonald's and 3M reported good third-quarter earnings this morning. I'll plug those into my third-quarter earnings scorecard later today, so check back.
-- Frank Ahrens
Sign up to get The Ticker on Twitter
By
Frank Ahrens
|
October 22, 2009; 10:15 AM ET
Categories:
The Ticker
| Tags: Dow Jones, nasdaq, s&p 500
Save & Share:
Previous: D.C. leads nation in percentage of jobs lost in September
Next: Stocks open mixed following strong earnings
The comments to this entry are closed.
No comments have been posted to this entry.