Stocks up following jobless-claims report
Stocks opened slightly up following this morning's new jobless claims report.
In the first 15 minutes of trading, the Dow is up four-tenths of 1 percent.
The broader S&P 500 is up until three-tenths of 1 percent, and the tech-heavy Nasdaq is up two-tenths of 1 percent.
New jobless claims filed last week dropped 29,000 to 469,000, slightly below forecasters' expectations.
January factory orders are scheduled for release at 10 a.m. today, and they are expected to be up from the previous month, a sign that businesses are restocking their inventories.
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By
Frank Ahrens
|
March 4, 2010; 8:59 AM ET
Categories:
The Ticker
,
Wall Street
| Tags: Dow Jones, nasdaq, s&p 500
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