Stocks rise at opening following long weekend
Stocks rose at opening this morning following news that the European Union is pushing Greece to contain its debt problems and positive earnings from Kraft, Waste Management and Abercrombie & Fitch.
In the first 20 minutes of trading, the Dow is up six-tenths of 1 percent.
The broader S&P 500 is up seven-tenths of 1 percent and the Nasdaq is up three-tenths of 1 percent.
The dollar is also rising.
In other news, Toyota Pesident Akio Toyoda will meet the press again Wednesday, giving Prius recall updates, but also no doubt dealing with questions about a recent surge in complaints to the National Traffic Highway Safety Administration claiming deaths related to the sticking Toyota gas pedals on several models.
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By
Frank Ahrens
|
February 16, 2010; 9:52 AM ET
Categories:
The Ticker
,
Wall Street
| Tags: Dow Jones, nasdaq, s&p 500
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