Markets Right Now: US stocks edge higher in early trading

April 3, 2017 at 9:47a.m.

NEW YORK (AP) – The latest on developments in financial markets (All times local):

9:35 a.m.

Stocks are edging higher in early trading on Wall Street with the biggest gains going to materials and industrial companies.

The early gains Monday follow a solid first quarter for U.S. stocks.

Steelmaker Nucor rose 1.3 percent in early trading. Electric car maker Tesla rose 2.7 percent after reporting a big jump in deliveries for the first quarter.

The Standard & Poor’s 500 index rose 1 point, less than 0.1 percent, to 2,363.

The Dow Jones industrial average climbed 15 points, or 0.1 percent, to 20,678. The Nasdaq composite increased 11 points, or 0.2 percent, to 5,923.

Three stocks rose for every two that fell on the New York Stock Exchange.