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Stocks edge higher at the start of another major week for corporate earnings

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NEW YORK — Stocks are edging higher as another big week for company earnings begins.

Halliburton rose after the oil exploration company said it was profitable in the first-quarter after reporting a loss in the same period a year ago. Athenahealth, a provider of online services to the health care industry, slumped after its earnings fell short of Wall Street's expectations.

PHOTO: 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)
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)

The Standard & Poor's 500 index rose three points, or less 0.2 percent, to 1,868 in the first few minutes of trading Monday. Last week the index logged its best performance since July after the first major week of earnings.

The Dow Jones industrial average rose 35 points, or 0.2 percent, to 16,443.

Bond prices rose. The yield on the 10-year Treasury note fell to 2.70 percent from 2.73 percent on Thursday.

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