Stocks erase early losses, ease positive
UPDATED at 11:10 a.m.
Stocks have erased their early losses and eased into positive territory.
Nearly two hours into the trading day, the Dow is just above water.
The broader S&P 500 and the tech-heavy Nasdaq are both up three-tenths of 1 percent.
Global debt concerns push stocks down at opening
9:57 a.m.: Stocks are down at opening as investors and traders remain concerned about debt problems in Europe.
In the first 20 minutes of trading, the Dow is down six-tenths of 1 percent.
The broader S&P 500 is down half of 1 percent and the tech-heavy Nasdaq is down four-tenths of 1 percent.
The recovery is at a real tipping point right now, and I'll talk about that later.
There are no big market-moving data planned for release today.
Toyota said yesterday that it's going to announce plans "soon" to deal with customer complaints about the braking system on the company's high-profile hybrid, the Prius.
The company had to deny yet another report that it is about to recall the Prius.
Follow me on Twitter at @theticker
February 8, 2010; 11:10 AM ET
Categories: The Ticker , Wall Street | Tags: Dow Jones, nasdaq, s&p 500
Save & Share: Previous: Stocks rally, erase day's losses
Next: Another day, another Prius recall report
The comments to this entry are closed.