October 22, 2014
NEW YORK (AP) - Stocks are opening mostly higher on Wall Street following strong earnings reports from Google, IBM and railroad operator CSX.
The Dow Jones industrial average rose 45 points to 13,758 shortly after the opening bell Wednesday.
The Standard & Poor's 500 index was flat at 1,492. The Nasdaq composite edged up eight points to 3,151.
CSX beat analyst's forecasts for income and revenue in the fourth quarter, following a strong showing in the tech sector late Tuesday from Google and IBM.
Apple reports earnings after the closing bell.
In Washington, House Republicans are trying to come to a consensus on legislation that would avert a fiscal crisis, at least temporarily, by easing the government's borrowing restrictions for three months. A vote is expected Wednesday.
Copyright 2014 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Viewers with disabilities can get assistance accessing this station's FCC Public Inspection File by contacting the station with the information listed below. Questions or concerns relating to the accessibility of the FCC's online public file system should be directed to the FCC at 888-225-5322, 888-835-5322 (TTY), or firstname.lastname@example.org.