Stocks open mixed on Wall Street ahead of earnings

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Associated Press

Posted on April 8, 2013 at 9:01 AM

Updated Monday, Apr 8 at 9:02 AM

NEW YORK (AP) — Stocks are mixed in early trading on Wall Street as traders gear up for the beginning of corporate earnings reports.

The Dow Jones industrial average was off 23 points, or 0.2 percent, at 14,541 shortly after the opening bell Monday.

The Standard & Poor's 500 index was down less than a point, or 0.04 percent, at 1,552. The Nasdaq composite rose five points, or 0.1 percent, to 3,208.

Investors are turning their attention to U.S. corporate earnings results following a dismal report on employment on Friday.

Aluminum maker Alcoa becomes the first company in the Dow Jones industrial average to report its results later Monday, after the close of trading.

European markets were slightly higher.

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