Stocks open up to kick off last trading week of year
Stocks opened up this morning, kicking off the last trading day of 2009.
In the first 15 minutes of trading, the Dow is up one-quarter of 1 percent.
The broader S&P 500 is up about the same and the tech-heavy Nasdaq is up four-tenths of 1 percent.
In some holiday spending news this morning, MasterCard Advisors' SpendingPulse, which tracks all forms of payment including cash, said that retail sales rose 3.6 percent from Nov. 1 through Dec. 24, up from the same period last year, when they rose 2.3 percent.
This is a quiet week for economic news. The Case-Shiller home price report and consumer confidence are out Tuesday, and last week's new jobless claims are due out Thursday.
-- Frank Ahrens
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