US stocks edge higher in early trading

US stocks edge higher in early trading


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NEW YORK (AP) — Stocks are opening higher as the market shakes off three days of losses.

Investors were weighing stronger Chinese manufacturing data against Europe's economic malaise.

Bed Bath & Beyond rose 6 percent, the most in the S&P 500. The home goods retailer reported earnings and revenue for its latest quarter that were better than Wall Street analysts were expecting.

The Dow Jones industrial average rose 14 points, or 0.1 percent, to 17,073 as of 9:35 a.m. Eastern time Wednesday.

The Standard & Poor's 500 gained a point, or 0.1 percent, to 1,983. The Nasdaq composite rose 10 points, or 0.2 percent, to 4,519.

Bond prices fell. The yield on the 10-year Treasury note rose to 2.54 percent.

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The Associated Press

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