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

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

By Frank Ahrens  |  February 8, 2010; 11:10 AM ET
Categories:  The Ticker , Wall Street  | Tags: Dow Jones, nasdaq, s&p 500  
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Next: Another day, another Prius recall report

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