Stocks up following retail sales numbers, overseas gains
Stocks opened up this morning, following a better-than-expected November retail sales number released before the bell and news that Chinese exports are increasing, spurring hopes of a global recovery.
In the first 15 minutes of trading, the Dow is up one-third of 1 percent.
The broader S&P 500 is up by about the same and the tech-heavy Nasdaq is up four-tenths of 1 percent.
At 10 a.m., we'll see whether December consumer sentiment syncs up with this morning's November retail numbers. Forecasters are expecting consumer sentiment to tick upward.
-- Frank Ahrens
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By
Frank Ahrens
|
December 11, 2009; 9:52 AM ET
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The Ticker
| Tags: Dow Jones, nasdaq, retail sales, s&p 500
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