Stocks mixed as major companies report earnings
NEW YORK (AP) — Stocks are opening little changed on Wall Street as investors get ready for earnings news from major U.S. companies.
Nearly one-third of the 30 companies in the Dow Jones industrial average report first-quarter results this week.
In early trading Monday the Dow was off 19 points at 14,526, a decline of 0.1 percent.
The broader Standard & Poor’s 500 index was up less than a point at 1,554, or 0.1 percent.
The Nasdaq composite rose five points to 3,211, an increase of 0.2 percent.
Toy maker Hasbro and the energy company Halliburton turned in results that beat the forecasts of Wall Street analysts, and their stocks rose.
Caterpillar, a heavy equipment maker, slipped after reporting that a slowdown in the mining business hurt its results.