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Stocks up at opening as earnings continue

Wall Street opened up this morning as key third-quarter earnings continue to roll out today.

In the first 15 minutes of trading, the Dow is up 18 points, or two-tenths of 1 percent.

The broader S&P 500 is up two-tenths of 1 percent while the tech-heavy Nasdaq is up slightly less.

Apple reports after the bell today. Regional bank BB&T was one penny short of estimates in its third-quarter earnings, reporting a 57 percent drop in profit before the bell. The big regional banks, such as BB&T and PNC, are worth watching this week, as they have a lot of exposure to failed consumer credit.

-- Frank Ahrens
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By Frank Ahrens  |  October 19, 2009; 9:58 AM ET
Categories:  The Ticker  | Tags: Dow Jones, nasdaq, s&p 500  
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Next: Why third-quarter earnings matter so much

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