NEW YORK (AP) — The Dow Jones industrial average rose in early trading Friday after more strong earnings reports from major U.S. companies. Broader indexes were mixed.
Merck & Co., Chevron Corp. and Caterpillar Inc. beat earnings forecasts for the first quarter. All three are among the 30 companies that make up the Dow average.
Goodyear Tire & Rubber Co. rose 12 percent, the most of any company in the Standard & Poor's 500 index, after it set a company sales record and reversed its loss from the first quarter of last year.