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

Stocks higher at opening following housing news

Stocks are higher this morning, following a surprise boost in housing starts in January.

In the first 20 minutes of trading, the Dow is up three-tenths of 1 percent.

The broader S&P 500 is up three-tenths of 1 percent and the tech-heavy Nasdaq is up two-tenths of 1 percent.

Housing starts jumped 2.8 percent in January to their highest level in six months. At the same time, however, building permit applications fell slightly less than forecast, painting a picture of a mixed housing recovery.

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By Frank Ahrens  |  February 17, 2010; 9:51 AM ET
Categories:  The Ticker , Wall Street  | Tags: Dow Jones, nasdaq, s&p 500  
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