Stocks move higher as earnings season gets underway this week
Major market indicators rose moderately early Monday, getting a boost from European stocks, which jumped after Royal Philips Electronics issued a better-than-expected profit report. A weaker dollar drove oil and other commodities higher, giving energy, material and industrial stocks a lift.
Trading on Monday is expected to be fairly light as much of the country observes the Columbus Day holiday. No major economic reports are scheduled and government bond markets are closed.
