Stocks Open Up on Holiday Trading
Wall Street opened up this morning on what is expected to be a light Columbus Day trading day.
In the first 15 minutes of trading, the Dow us up half of 1 percent.
The broader S&P 500 is up about one-quarter of 1 percent and the tech-heavy Nasdaq is up more than half of 1 percent.
The dollar continued its slide against world currencies as gold continued its record surge.
This is the big week for third-quarter earnings. Aluminum giant Alcoa kicked off earnings season last week by beating estimates for profit and revenue. Health-care/pharma giant Johnson & Johnson is due out Tuesday.
-- Frank Ahrens
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October 12, 2009; 9:53 AM ET
Categories: The Ticker | Tags: Dow Jones, nasdaq, s&p 500
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