Network News

X My Profile
View More Activity
2.7%  Q1 GDP    4.57%  avg. 30-year mortgage     9.5%  Unemployment

Stocks open slightly down following positive jobs news

Stocks are slightly down this morning even though a private employers report this morning showed the economy shed fewer jobs than expected.

In the first 20 minutes of trading, the Dow is just barely underwater.

The broader S&P 500 is down more than one-tenth of 1 percent and the tech-heavy Nasdaq is also just barely underwater.

The ADP Employer Services report out this morning showed that employers in January shed the fewest jobs in two years.

In more Toyota news this morning, Transportation Secretary Ray LaHood says he wants to meet personally with Toyota President Akio Toyoda over the stuck gas-pedal issue. And the Japan Transport Ministry says it has received complaints about brakes on the Toyota Prius. Even Apple co-founder Steve Wozniak now says that his Prius has unintentionally accelerated up to 97 mph when he's used the cruise control to increase his speed.

Here's a piece that Peter Whoriskey and I did in today's Post about the pending federal investigation into Toyota's electronic throttle. (Full disclosure: Peter did waaay most of the work on this story.)

Follow me on Twitter at @theticker

By Frank Ahrens  |  February 3, 2010; 9:57 AM ET
Categories:  The Ticker  | Tags: ADP, Dow Jones, Ray LaHood, Toyota recall update, nasdaq, s&p 500, toyota  
Save & Share:  Send E-mail   Facebook   Twitter   Digg   Yahoo Buzz   StumbleUpon   Technorati   Google Buzz   Previous: Sen. Gregg hammers Orszag on unspent bailout funds
Next: LaHood backs off 'misstatement,' tells owners to take Toyotas to dealer if they are uncertain

No comments have been posted to this entry.

The comments to this entry are closed.

RSS Feed
Subscribe to The Post

© 2010 The Washington Post Company