Stock market rises as big earnings week starts

Stock market moved higher midday Monday, ahead of a big week for company earnings. The slight rise comes after a long weekend for the US stock market. 

|
Brendan McDermid/Reuters
Trader Benedict Willis (L) talks with floor supervisor Yevette Arrington on the floor of the New York Stock Exchange Monday. The stock market was up slightly to start a big week of earnings reports.

The U.S. stock market is moving higher at the beginning of another big week for company earnings.

Halliburton rose 3 percent after the oil exploration company posted a profit for the first quarter, bouncing back from a loss in the same period a year ago. Athenahealth, a provider of online services for the health care industry, slumped after its earnings fell short of analysts' forecasts.

The Standard & Poor's 500 index rose four points, or 0.2 percent, to 1,868 in midday trading Monday. The index is coming off its best week since July.

The Dow Jones industrial average rose 25 points, or 0.2 percent, to 16,434.

Bond prices rose. The yield on the 10-year Treasury note fell to 2.70 percent.

You've read  of  free articles. Subscribe to continue.
Real news can be honest, hopeful, credible, constructive.
What is the Monitor difference? Tackling the tough headlines – with humanity. Listening to sources – with respect. Seeing the story that others are missing by reporting what so often gets overlooked: the values that connect us. That’s Monitor reporting – news that changes how you see the world.

Dear Reader,

About a year ago, I happened upon this statement about the Monitor in the Harvard Business Review – under the charming heading of “do things that don’t interest you”:

“Many things that end up” being meaningful, writes social scientist Joseph Grenny, “have come from conference workshops, articles, or online videos that began as a chore and ended with an insight. My work in Kenya, for example, was heavily influenced by a Christian Science Monitor article I had forced myself to read 10 years earlier. Sometimes, we call things ‘boring’ simply because they lie outside the box we are currently in.”

If you were to come up with a punchline to a joke about the Monitor, that would probably be it. We’re seen as being global, fair, insightful, and perhaps a bit too earnest. We’re the bran muffin of journalism.

But you know what? We change lives. And I’m going to argue that we change lives precisely because we force open that too-small box that most human beings think they live in.

The Monitor is a peculiar little publication that’s hard for the world to figure out. We’re run by a church, but we’re not only for church members and we’re not about converting people. We’re known as being fair even as the world becomes as polarized as at any time since the newspaper’s founding in 1908.

We have a mission beyond circulation, we want to bridge divides. We’re about kicking down the door of thought everywhere and saying, “You are bigger and more capable than you realize. And we can prove it.”

If you’re looking for bran muffin journalism, you can subscribe to the Monitor for $15. You’ll get the Monitor Weekly magazine, the Monitor Daily email, and unlimited access to CSMonitor.com.

QR Code to Stock market rises as big earnings week starts
Read this article in
https://www.csmonitor.com/Business/Latest-News-Wires/2014/0421/Stock-market-rises-as-big-earnings-week-starts
QR Code to Subscription page
Start your subscription today
https://www.csmonitor.com/subscribe