Stocks mixed at opening on China monetary concerns
Stocks opened mixed this morning, as the markets continue to watch China's monetary tightening.
In the first 30 minutes of trading, the Dow is up less than one-tenth of 1 percent.
The broader S&P 500 is just below water and the tech-heavy Nasdaq is negative by less than one-tenth of 1 percent.
In other news, Sen. Chris Dodd (D-Conn.) is scheduled to release the plan for financial industry reform this afternoon, which includes a compromise on consumer protection and resolution, or wind-down, of troubled big non-bank financial institutions.
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By
Frank Ahrens
|
March 15, 2010; 10:00 AM ET
Categories:
The Ticker
,
Wall Street
| Tags: Dow Jones, nasdaq, s&p 500
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Posted by: tossnokia | March 15, 2010 1:27 PM | Report abuse
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China spells Trouble.