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Stocks Up Slightly After Tuesday's Selloff

The Treasury market is also in positive territory.

Stocks rose slightly in the early going in the wake of

yesterday's widespread selloff.


Dow Jones Industrial Average

was up 37 to 10,924.


S&P 500

was up 4 to 1336. The

Nasdaq Composite Index

was up 1 to 2486. The

Russell 2000

was up fractionally to 433. Internet Sector

index was down fractionally at 615.

The 30-year Treasury bond was up 7/32 to 93 21/32, yielding 5.70%.

In the news,

Procter & Gamble

(PG) - Get Procter & Gamble Company Report

said it is in the process of soliciting bids for its


TheStreet Recommends

hair care brand. Procter & Gamble said if it doesn't get an acceptable offer for Prell, it will retain the brand. Procter & Gamble was up 1/2 at 92 1/4.

Goldman Sachs

(GS) - Get Goldman Sachs Group, Inc. (GS) Report

, which made a sterling trading debut yesterday, was down 1 13/16 to 68 9/16.

Most Up at Open -- NYSE

Time Warner (TWX) , up 2 7/16 to 69 1/2


Most Up at Open -- Nasdaq (PCLN) , up 7 3/16 to 141 3/16

: The company yesterday reported a first-quarter loss of 12 cents a share, a penny narrower than the

First Call

five-analyst outlook.

Most Down at Open -- NYSE

Newbridge Networks (NN) , down 9 5/16 to 27 1/2

: Newbridge yesterday warned that fiscal fourth-quarter earnings will come in around 12 to 14 cents a share. The

First Call

15-analyst forecast called for earnings of 21 cents vs. the year-ago 12 cents.

Most Down at Open -- Nasdaq

Autodesk (ADSK) - Get Autodesk, Inc. Report, down 4 5/8 to 23 7/8

: The company warned yesterday it sees first-quarter pro-forma earnings of 10 to 15 cents a share and diluted earnings of 2 to 5 cents a share due to customer transition in the company's product line. The First Call 10-analyst view called for a profit of 40 cents vs. the year-ago 55 cents.