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US stocks open slightly higher as earnings reports roll in

FILE - This Oct. 2, 2014 file photo shows the facade of the New York Stock Exchange, in New York. U.S. stocks opened higher Wednesday, April 8, 2015, as investors waited for the release of minutes from the Federal Reserve's latest meeting. Investors were also waiting for companies to start reporting their first-quarter earnings. Alcoa, a metals company, will be one of the first major companies to report earnings after the close of the market. (AP Photo/Richard Drew, File)
FILE - This Oct. 2, 2014 file photo shows the facade of the New York Stock Exchange, in New York. U.S. stocks opened higher Wednesday, April 8, 2015, as investors waited for the release of minutes from the Federal Reserve's latest meeting. Investors were also waiting for companies to start reporting their first-quarter earnings. Alcoa, a metals company, will be one of the first major companies to report earnings after the close of the market. (AP Photo/Richard Drew, File)

By Associated Press 1 min read

NEW YORK (AP) – U.S. stocks are edging higher in early trading as companies start reporting earnings.

Energy stocks rose as the price of oil moved higher.

The Dow Jones industrial average rose 58 points, or 0.3 percent, to 17,960 as of 9:35 a.m. Eastern time Thursday.

The Standard & Poor’s 500 index increased five points, or 0.3 percent, to 2,087. The Nasdaq composite rose 19 points, or 0.4 percent, to 4,969.

Walgreens Boots rose 2.5 percent after reporting earnings that beat analysts’ forecasts.