US stocks edge higher in early trading

AP News
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Posted: Mar 10, 2016 9:45 AM
US stocks edge higher in early trading

NEW YORK (AP) — More positive earnings surprises from U.S. companies are helping send stocks higher in early trading.

Discount store operator Dollar General jumped more than 7 percent early Thursday after reporting earnings that were higher than analysts were expecting.

Mobile payments company Square and cloud storage company Box both rose after reporting results that beat estimates.

European stocks rose after the European Central Bank announced more stimulus measures.

The Dow Jones industrial average climbed 36 points, or 0.2 percent, to 17,039 as of 9:35 a.m. Eastern time.

The Standard & Poor's 500 index climbed 6 points, or 0.3 percent, to 1,995. The Nasdaq composite increased 22 points, or 0.5 percent, to 4,698.

Bond prices fell. The yield on the 10-year Treasury note rose to 1.89 percent.