Stocks up at opening bell as rally continues

By Brooks McFeely:DJIA down 69.48 (-0.57%) to 12,217.56 S&P 500 down 5.42 (-0.43%) to 1,257.60 Nasdaq down 8.59 (-0.33%) to 2,605.15 GLOBAL SENTIMENT

WASHINGTON – The United States economy likely expanded slightly in the fourth quarter, according to data on Friday that suggested a surprise drop in GDP reported by the government last week was overstated. The U.S. trade deficit narrowed to its lowest point in nearly three years in December on a drop in oil imports and a surge in exports. Trade data for December paint a reassuring and encouraging picture of the U.S. economy at the end of last year