Yahoo, PNC among early winners among US stocksApril 16, 2014 @ 6:56 am
See all photos
Stock indexes are opening higher after more U.S. companies reported solid earnings and some encouraging news about China's economy.
Yahoo soared 8 percent after the company said it was benefiting from its lucrative investments in Asia and that its advertising sales were recovering.
PNC Financial rose 1 percent after reporting earnings that were better than analysts were expecting.
The Standard & Poor's 500 index rose seven points, or 0.4 percent, to 1,850 in the first few minutes of trading Wednesday.
The Dow Jones industrial average gained 83 points, or 0.5 percent, to 16,346 and the Nasdaq rose 14 points, or 0.4 percent, to 4,047.
Markets rose in Asia and Europe after China reported that its economy slowed less than many had feared in the first quarter.
Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
Marshawn Lynch gets a warm welcome upon his return to the Seahawks
Have No Fear
A Seattle health expert says we have no worries of Ebola spreading here
Please login below with your Facebook, Twitter, Google+ or Disqus account. Existing MyNorthwest account holders will need to create a new Disqus account or use one of the social logins provided below. Thank you.