The Ticker - Stocks mixed at opening following unemployment news

Stocks mixed at opening following unemployment news

Wall Street opened mixed this morning following the Labor Department's announcement that the official U.S. unemployment rate has hit 10.2 percent, the highest since April 1983.

In the first 15 minutes of trading, the Dow is slightly below even.

The broader S&P 500 is just above water and the tech-heavy Nasdaq is up three-tenths of 1 percent.

Meanwhile, gold has popped above $1,100 per ounce.

Today, I'm going to be unpacking the October unemployment number, diving into the data and talking more about what it means.

So check back.

-- Frank Ahrens
Sign up to get The Ticker on Twitter

By Frank Ahrens | November 6, 2009; 9:55 AM ET
Go to full archive for The Ticker »

COMMENTS

Please email us to report offensive comments.

POST A COMMENT

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.