US stocks are little changed in early trading after big week

In this Monday, Aug. 24, 2015, photo, pedestrians walk past the New York Stock Exchange. Global stock markets were mixed Monday, Oct. 12, 2015, following Wall Street's gains as investors looked ahead to the week's Chinese trade data. (AP Photo/Seth Wenig) In this Monday, Aug. 24, 2015, photo, pedestrians walk past the New York Stock Exchange. Global stock markets were mixed Monday, Oct. 12, 2015, following Wall Street's gains as investors looked ahead to the week's Chinese trade data. (AP Photo/Seth Wenig)

By Associated Press October 12, 2015 1 min read

NEW YORK (AP) – Stocks are little changed in early trading as traders look ahead to the start of corporate earnings season.

The market is coming off its best week of the year.

Several stocks were making big moves on corporate announcements Monday.

Eli Lilly plunged 7 percent after saying it would discontinue the development of a drug. EMC Corp. rose 3 percent after Dell said it would buy the data storage company.

The Dow Jones industrial average was off 11 points at 17,073 as of 9:35 a.m. Eastern time.