Stocks post modest gains as earnings roll in

4/21/2014
ASSOCIATED PRESS
Wall-Street-Premarket-254

FILE - In this Friday, April 11, 2014 file photo, trader Joseph Lawler, center, works on the floor of the New York Stock Exchange. Global stocks were mixed Monday, April 21, 2014, in light trading after Japan reported a record annual trade deficit and investors looked ahead to economic data this week from China and South Korea. (AP Photo/Richard Drew, File)

ASSOCIATED PRESS

NEW YORK — Stocks are 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 today. 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.