Stocks inched higher in the early going, as the
Dow Jones Industrial Average
gained 21 to 9980, crawling ever closer to the 10,000 level.
The Dow got a boost when component
began trading. It was up 2 1/2, or 6%, to 46. Union Carbide this morning said first-quarter operating earnings should come in within a few cents of the highest-published
analyst estimate, which is 47 cents. The current 10-analyst consensus estimate has Union Carbide earning 34 cents a share in the first quarter.
was up 3 to 1310.
Nasdaq Composite Index
was up 5 to 2436. The
was up 1 to 402.
TheStreet.com Internet Sector
was up 10 to 615.
TheStreet.com E-Commerce Index
was up 5 to 115.
The 30-year Treasury bond was up 4/32 to 96 5/32, yielding 5.51%.
Most Up at Open -- NYSE
Most Up at Open -- Nasdaq
Go2Net (GNET) , up 14 5/8 to 128
: Paul Allen, co-founder of
, said yesterday he would invest up to $750 million in Go2Net for a controlling stake in the company.
Most Down at Open -- NYSE
Most Down at Open -- Nasdaq
Xoom.com (XMCM) , down 2 5/8 to 67
: The company filed with the
Securities and Exchange Commission
for an offering of 4 million common shares.