the republic logo

A strong opening for US stocks as company earnings impress investors; Hasbro jumps


NEW YORK — U.S. stocks are opening higher as more big companies turn in healthy financial results for the first quarter of the year.

Hasbro jumped 8 percent in early trading Monday after turning in a strong quarterly report card following big sales of Transformers and other toys aimed at boys.

Morgan Stanley rose 1 percent after a gain in trading revenue helped the bank beat analysts' profit forecasts.

The Dow Jones industrial average rose 200 points, or 1.1 percent, to 18,022 as of 9:35 a.m. Eastern time.

The Standard & Poor's 500 index gained 16 points, or 0.8 percent, to 2,097. The Nasdaq composite climbed 28 points, or 0.6 percent, to 4,959.

European markets rose. Asian markets fell even after China announced more steps to stimulate its slowing economy.

Think your friends should see this? Share it with them!

Story copyright 2015 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Feedback, Corrections and Other Requests: AP welcomes feedback and comments from readers. Send an email to and it will be forwarded to the appropriate editor or reporter.

We also have more stories about:
(click the phrases to see a list)


Follow The Republic:

All content copyright ©2015 The Republic, a division of Home News Enterprises unless otherwise noted.
All rights reserved. Privacy policy.