National News

Jan 22, 2013 9:48 AM by Associated Press

Stocks open mixed as earnings reports roll in

Stocks are wavering in early trading on Wall Street as U.S. companies turn in a mixed batch of earnings reports.

The Dow Jones industrial average fell four points to 13,653 shortly after the opening bell Tuesday.

The Standard & Poor's 500 index was down less than a point at 1,485 and the Nasdaq composite edged up a point to 3,136.

Chemical maker DuPont rose after reporting income that beat Wall Street's forecasts.

Johnson & Johnson beat most expectations for the final quarter of the year, but its stock slipped bell due to a weak forecast for this year.

Earnings reports continue after the market closes with Google, IBM, CSX and Norfolk Southern.

(Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

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