NEW YORK (AP) — U.S. stocks are rising in early trading, shaking off a three-day slump, as the latest round of company earnings news brought several positive surprises. Strong results from First Solar and Priceline sent their shares higher.
KEEPING SCORE: The Standard & Poor’s 500 index was up 13 points, or 0.7 percent, to 2,106 as of 10:15 a.m. Eastern time. The Dow Jones industrial average rose 57 points, or 0.3 percent, to 17,602 and the Nasdaq rose 43 points, or 0.9 percent, to 5,149.
HERE COMES THE SUN: First Solar soared 17 percent following news that the country’s largest solar company turned in results that beat estimates and also raised its outlook for full-year profits.