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2.7%  Q1 GDP    4.57%  avg. 30-year mortgage     9.5%  Unemployment

Stocks mixed following jobless, Goldman news

Stocks are mixed at opening this morning following news that new jobless claims rose and Goldman Sachs's fourth-quarter profit soared.

In the first 15 minutes of trading, the Dow is down two-tenths of 1 percent.

The broader S&P 500 is up one-tenth of 1 percent and the tech-heavy Nasdaq is up nearly half of 1 percent.

Forecasters expected new jobless claims filed last week to drop. Instead, they rose by 36,000 to 482,000, indicating a slow and rocky recovery ahead and a national unemployment rate that will hover around 10 percent for months.

Meanwhile, Goldman continued to outpace the Street, with whopping trading results. Goldman earned $4.8 billion in the fourth quarter, a number that is likely to create further outrage from quarters that oppose the big Goldman bonuses.

-- Frank Ahrens
Follow me on Twitter at @theticker

By Frank Ahrens  |  January 21, 2010; 9:50 AM ET
Categories:  The Ticker  | Tags: Dow Jones, Goldman Sachs, jobless claims, nasdaq, s&p 500  
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