Stocks mixed following China export news
Stocks opened mixed this morning following strong export news from China that sent markets higher elsewhere around the globe.
In the first 15 minutes of trading, the Dow is down less than one-tenth of 1 percent.
The broader S&P 500 is up one-tenth of 1 percent and the tech-heavy Nasdaq is down more than one-tenth of 1 percent.
A new report from the Chinese government out over the weekend said that Chinese exports jumped 18 percent in December, after 13 straight months of declines. The gain beat expectations by three times.
Fourth-quarter earnings season is about to kick off, led as it traditionally is by aluminum giant Alcoa.
-- Frank Ahrens
Follow me on Twitter at @theticker
By
Frank Ahrens
|
January 11, 2010; 10:01 AM ET
Categories:
The Ticker
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Wall Street
| Tags: Dow Jones, nasdaq, s&p 500
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