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Policy: Economy

Stocks edge higher in early trading; Oracle slides

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Photo - FILE - This July 15, 2013 file photo shows the New York Stock Exchange, in New York. World stock markets struggled Friday June 20, 2014as the euphoria faded from the Fed's promises of prolonged low rates to boost growth. (AP Photo/Mark Lennihan, File)
FILE - This July 15, 2013 file photo shows the New York Stock Exchange, in New York. World stock markets struggled Friday June 20, 2014as the euphoria faded from the Fed's promises of prolonged low rates to boost growth. (AP Photo/Mark Lennihan, File)
News,Business,Economy

Stocks are slightly higher in early trading as the market heads for a week of solid gains.

Oracle slumped after the company's quarterly results fell short of Wall Street's forecasts.

The Standard & Poor's 500 index rose two points, or 0.1 percent, to 1,961 in the first few minutes of trading Friday.

The Dow Jones industrial average gained 16 points, or 0.1 percent, to 16,938. The Nasdaq composite rose two points, or 0.1 percent, to 4,361.

On Thursday, the S&P 500 index notched an all-time high for the second day in a row. The index is on track to gain 1.2 percent for the week.

U.S. government bonds prices slipped, pushing yields up. The yield on the 10-year note rose to 2.64 percent from 2.62 percent late Thursday.

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