Stocks edging up on Wall Street in early morning trading

NEW YORK (AP) — Stocks are edging up on Wall Street in early morning trading Wednesday after setting records the last few days. Utility companies are making the largest gains while energy companies fall with the price of oil.

KEEPING SCORE: The Dow Jones industrial average added 15 points, or 0.1 percent, to 18,363 at 10:14 a.m. Eastern time. The Standard & Poor’s 500 was little changed at 2,153. The Nasdaq composite rose nine points, or 0.2 percent, to 5,032.

DRUG SALES: Teva Pharmaceutical Industries jumped $12.50, or 6 percent, to $212.40 after it gave strong projections for second quarter results and moved closer to completing a $40.5 billion purchase of Allergan’s generic drug business.

JUNO JUMP: Juno Therapeutics soared $5.60, or 20 percent, to $33.35 after the regulators said its leukemia drug trials can continue. The stock had tumbled Friday after the Food and Drug Administration halted testing.

STORES SLUMP: Arts and crafts chain Michaels fell $1.63, or 5.5 percent, to $27.25 after a disappointing forecast. It said it plans to sell stock to raise money.

OIL: Benchmark U.S. crude fell 54 cents to $46.25 per barrel in New York while Brent crude, a standard for international oil prices, lost 72 cents to $47.75 a barrel in London.