US stocks edge higher in early trading; Goodyear gains

AP News
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Posted: Jul 29, 2015 9:41 AM
US stocks edge higher in early trading; Goodyear gains

NEW YORK (AP) — U.S. stocks are opening slightly higher as Goodyear and other companies report strong results.

Health care stocks were among the biggest winners Wednesday. Gilead Sciences climbed 5 percent after reporting a surge in sales. The drug maker raised its full-year sales forecast for the second time.

Twitter sank 10 percent after reporting sluggish customer growth and Yelp plunged 28 percent after sinking to a loss and cutting its outlook.

The Dow Jones industrial average rose 15 points, or 0.1 percent, to 17,645 as of 9:35 a.m. Eastern time.

The Standard & Poor's 500 index edged up two points, or 0.1 percent, to 2,095. The Nasdaq composite increased nine points, or 0.2 percent, to 5,098.

Bond prices fell. The yield on the 10-year Treasury note rose to 2.27 percent.