US stocks open higher

 / 25 Jan '13

New York - US stocks opened higher Friday helped by Procter & Gamble's 2.4 percent gain after it beat quarterly earnings estimates and raised its outlook for 2013.

Positive quarterly reports from Oshkosh (+14.8 percent) and Halliburton (+4.6 percent) also underpinned the fresh rally, while Microsoft slipped 0.4 percent on its middling results.

File imag. Credit: THE PHOTO HOLIC

Five minutes into trade, the Dow Jones Industrial Average gained 30.10 points (0.22 percent) to 13,855.43.

The broad-based S&P 500 added 4.72 (0.32 percent) to 1,499.54, while the tech-heavy Nasdaq Composite rose 7.42 (0.24 percent) to 3,137.80. - Sapa-AFP

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