Good inflation and housing-starts data push stocks higher
Good news about inflation (it's holding low) and housing starts (they're up) helped push stocks up on Wall Street at opening.
In the first 15 minutes of trading, the Dow is up nearly half of 1 percent.
The broader S&P 500 is up half of 1 percent and the tech-heavy Nasdaq is up nearly six-tenths of 1 percent.
Before the opening bell, the FTC said it has filed suit against computer-chip king Intel for anti-competitive tactics, driving that company's stock down 1.3 percent.
-- Frank Ahrens
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By
Frank Ahrens
|
December 16, 2009; 9:48 AM ET
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The Ticker
| Tags: Dow Jones, FTC, Intel, inflation, nasdaq, s&p 500
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Posted by: Dermitt | December 16, 2009 1:45 PM | Report abuse
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WPO is up 17.50. How do you do that?