Stocks Steady at Open

By Kevin Spak,  Newser Staff
Posted Mar 13, 2009 8:44 AM CDT
Kristian Woppel, right, of Barclays Capital works on the floor of the New York Stock Exchange Thursday, March 12, 2009 in New York.   (AP Photo/Henny Ray Abrams)
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(Newser) – It was another calm open for stocks, with the major indices building ever so slightly on three days of positive movement, the Wall Street Journal reports. The Dow is up 55 points, while the S&P inched up 0.5%, and the Nasdaq slipped down 0.1%. The Dow is up 9.5% over the past three days, but analysts are wondering if this is merely a bear market rally. Economists still expect GDP to decline at a 4.6% annual rate this quarter.