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US Stocks Open Mostly Higher Tuesday   08/04 09:19

   Stocks are mostly higher in early trading Tuesday as investors focus on the 
latest earnings and deal news.

   NEW YORK (AP) --- Stocks are mostly higher in early trading as investors 
focus on the latest earnings and deal news.

   Drugmaker Baxalta surged 14 percent early Tuesday after Irish drugmaker 
Shire offered to buy the company for $30 billion.

   Luxury bag and accessory maker Coach jumped 6 percent after reporting 
earnings that beat analysts' estimates, while Allstate sank 7 percent after its 
results came up short.

   The Dow Jones industrial average was up seven points, less than 0.1 percent, 
to 17,614 as of 9:35 a.m. Eastern time.

   The Standard & Poor's 500 index gained a point to 2,099.

   The Nasdaq composite gave up two points to 5,114.

   Bond prices fell. The yield on the 10-year Treasury note rose to 2.17 
percent.


(KA)


 
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