Wall Street off to wobbly start

Stocks open mixed after the closely watched personal income and spending report shows no inflation; durable goods orders tumble.

December 22 2006: 9:40 AM EST

NEW YORK(CNNMoney.com) -- Wall Street was unsteady in the first moments of Friday's session and before the start of the three-day Christmas holiday.

The Dow Jones industrial average and S&P 500 index fell while the Nasdaq struggled to inch higher.

In economic news, the closely watched personal income and spending report showed inflation was in check with no rise in prices outside of food and energy before the opening bell Friday.

Also durable good orders, excluding transportation, fell 1.1 percent in second consecutive monthly drop, according to the Commerce Department says.

Oil prices rose 19 cents to $62.85 in early trade after tumbling on Thursday.

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Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer LIBOR Warning: Neither BBA Enterprises Limited, nor the BBA LIBOR Contributor Banks, nor Reuters, can be held liable for any irregularity or inaccuracy of BBA LIBOR. Disclaimer. Morningstar: © 2013 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2013 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2013. All rights reserved. Most stock quote data provided by BATS.
© 2013 Cable News Network. A Time Warner Company. All Rights Reserved. Terms under which this service is provided to you. Privacy Policy. Ad choices .