The markets opened higher on positive earnings news and a rebound in New York area manufacturing. The Dow rose 68 points to 12,370 while Nasdaq climbed 8 points to 2284.
On the upside
In the broad market, advancing issues outpaced decliners by
a margin of 3 to 1 on the NYSE and by nearly 2 to 1 on Nasdaq. The
Russell 2000 which tracks small cap stocks added 4 points to 690.