US stocks open higher on mixed earnings

US stocks opened higher Tuesday after the long holiday weekend following mixed earnings reports from leading companies.

Five minutes into trade, the Dow Jones Industrial Average was up 1.03 points (0.01 percent) at 13,650.73.

The broad-based S&P 500 rose 5.04 (0.34 percent) to 1,485,98.

The tech-heavy Nasdaq Composite was up 0.73 (0.02 percent) at 3,135.44.

The positive US open followed tepid trading in Europe, where renewed concern about the banking sector surfaced, and Asia, where investors were disappointed by a Bank of Japan plan for boosting the economy.

Among US equities, Verizon, which missed earnings expectations, still mustered a 0.5 percent gain, while Johnson & Johnson, which offered a middling outlook, fell 0.4 percent.

Wall Street is digesting a "plethora of earnings reports," noted a Charles Schwab & Co. market update. "Verizon Communications Inc. posted softer-than-expected earnings and Johnson & Johnson offered mixed quarterly results, while Travelers Companies Inc. and DuPont both easily exceeded analysts' profit projections."

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Market Data

  • Currencies
    Currencies
    NamePriceChange% Chg
    1.2572+0.0014+0.11%
    USDSGD=X
    1.7399+0.0063+0.36%
    EURSGD=X
    2.1114-0.0014-0.07%
    GBPSGD=X
    81.3669-0.3338-0.41%
    SGDJPY=X
    6.1672-0.0065-0.11%
    SGDHKD=X
    2.5974-0.0041-0.16%
    SGDMYR=X
    9,206.9707+33.6436+0.37%
    SGDIDR=X
    4.9637-0.0034-0.07%
    SGDCNY=X
    1.1663-0.0097-0.83%
    AUDSGD=X
  • Commodities
    Commodities
    NamePriceChange% Chg
    1,286.30+5.20+0.41%
    GCM14.CMX
    19.46+0.10+0.51%
    SIK14.CMX
    91.05+1.15+1.28%
    ^XAU
    3.04-0.01-0.49%
    HGK14.CMX
    101.59-0.16-0.16%
    CLM14.NYM
  • Bonds
    Bonds
    TreasuryYield (%)Yield Change
    1.72-0.01
    ^FVX
    2.70-0.03
    ^TNX
    3.47-0.05
    ^TYX

MARKET MOVERS

  • Most Actives
    Most Actives
    NamePriceChange% Chg
    0.122+0.002+1.67%
    B22.SI
    0.61+0.005+0.83%
    E5H.SI
    2.22+0.010+0.45%
    JS8.SI
    0.16+0.002+1.27%
    5GB.SI
    0.142-0.003-2.07%
    545.SI
  • % Gainers
    % Gainers
    NamePriceChange% Chg
    0.23+0.031+15.58%
    5UZ.SI
    0.22+0.020+10.00%
    D6U.SI
    0.184+0.014+8.24%
    5WD.SI
    0.275+0.020+7.84%
    5TP.SI
    0.161+0.011+7.33%
    A03.SI
  • % Losers
    % Losers
    NamePriceChange% Chg
    0.245-0.055-18.33%
    T18.SI
    0.196-0.024-10.91%
    5WR.SI
    0.161-0.019-10.56%
    T16.SI
    0.36-0.040-10.00%
    S24.SI
    0.098-0.010-9.26%
    C11.SI