Stocks down at opening on jobless news, Greece worries
Stocks continued their sell-off at opening today, following worse-than-expected news on new jobless claims and renewed worries about Greece's debt situation.
In the first 30 minutes of trading, the Dow is down three-tenths of 1 percent.
The broader S&P 500 is down four-tenths of 1 percent and the tech-heavy Nasdaq is down half of 1 percent.
Last week's new jobless claims unexpectedly rose by 18,000. Investors continued to worry about a possible default by Greece. Asian and European markets were down by 1 percent.
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Posted by: tossnokia | April 8, 2010 11:17 AM | Report abuse
Posted by: tossnokia | April 8, 2010 12:48 PM | Report abuse
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