US stocks open higher as earnings impress; Hasbro gains

[Omaha Steve]

Source: AP-Excite

NEW YORK (AP) — U.S. stocks are opening higher as more big companies turn in healthy financial results for the first quarter of the year.

Hasbro jumped 8 percent in early trading Monday after turning in a strong quarterly report card following big sales of Transformers and other toys aimed at boys.

Morgan Stanley rose 1 percent after a gain in trading revenue helped the bank beat analysts' profit forecasts.

The Dow Jones industrial average rose 200 points, or 1.1 percent, to 18,022 as of 9:35 a.m. Eastern time.

FULL story at link.


Read more: http://apnews.excite.com/article/20150420/financial-markets-us-open-f0a2edd574.html

[marble falls]

1. I'd have to think that toy manufacturers getting a stock uptick would be a good indicator....

of an economy getting healthier.