RSS
Your Stories | RSS
Must Reads | RSS
Quotables | RSS
Your Pocketbook | RSS
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
Go to full archive for The Ticker »
We encourage users to analyze, comment on and even challenge washingtonpost.com's articles, blogs, reviews and multimedia features.
User reviews and comments that include profanity or personal attacks or other inappropriate comments or material will be removed from the site. Additionally, entries that are unsigned or contain "signatures" by someone other than the actual author will be removed. Finally, we will take steps to block users who violate any of our posting standards, terms of use or privacy policies or any other policies governing this site. Please review the full rules governing commentaries and discussions.