NEW YORK: Wall Street stocks edged higher early Monday, as the market sought to shake off last week’s volatility at the start of a heavy week of corporate earnings results.
About 10 minutes into trading, the Dow Jones Industrial Average was up a hair to 25,448.50.
The broad-based S&P 500 added 0.1 percent to 2,769.15, while the tech-rich Nasdaq Composite Index gained 0.3 percent to 7,474.57.
After big swings in both directions, US stocks last week finished the week little changed as investors weighed mostly strong earnings against lingering worries over trade and higher interest rates and uncertainty over the fallout from the murder of journalist Jamal Khashoggi.
But investors were trying to turn the page early Monday ahead of earnings later this week from Amazon, Boeing, McDonald’s and others.
The government also is set to release the first report on the third-quarter US economic growth on Friday.
Among US companies reporting results Monday, Halliburton dropped 2.3 percent, Hasbro fell 5.4 percent and Kimberly-Clark slipped 0.6 percent.
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Source: Brecorder
