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Stocks rise as investors prepare for busy week of earnings

US stock market rises early as investors look ahead to earnings from Apple, other big names

Stocks rise as investors prepare for busy week of earnings

NEW YORK (AP) -- The U.S. stock market is opening moderately higher as investors prepare for a busy week of company earnings news.

The Dow Jones industrial average rose 73 points, or 0.5 percent, to 18,154. The Standard & Poor's 500 index rose five points, or 0.3 percent, to 2,122. The Nasdaq composite climbed 11 points, or 0.2 percent, to 5,104.

More than 150 companies in the S&P 500 will report their results this week, including Apple, Ford and Exxon Mobil. Investors will also pay close attention to a two-day meeting at the Federal Reserve, which starts Tuesday.

The market's early move higher follows a notable week for stocks, in which the Nasdaq closed at an all-time high.

U.S. government bond prices fell, pushing up the yield on the 10-year Treasury to 1.93 percent.


Updated : 2021-09-21 10:07 GMT+08:00