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Stocks Higher in Early Trading

October 21, 1997

NEW YORK (AP) _ Stock prices are higher in light trading. The Dow Jones Industrial Average is up 32 points in the early going. Gainers on the New York Stock Exchange hold a slim lead over losers.

The Nasdaq Composite Index has gained 15 points and the Standard & Poor’s 500 Stock Index is ahead two points.

Analysts are expecting some slight gains for stocks, as the corporate earnings news has turned generally positive.

The focus today will be on the high-technology and banking issues.

Since the close of trading yesterday, such bellwethers as IBM, Microsoft, Citicorp and Chase Manhattan have released their quarterly reports.

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