Equities Open Higher
25-Jan-13 09:45 ET
[BRIEFING.COM] The major averages are trading near their early highs following an upbeat open. The S&P 500 is adding 0.4% as the benchmark index trades just north of 1500.
Among listings moving on earnings, Halliburton (HAL 39.97, +2.16) is rising by 5.8% after beating on earnings and revenue. However, the company expects 2013 North American rig count to be down slightly from 2012 levels.
Elsewhere, Starbucks (SBUX 56.99, +2.42) is advancing 4.4% after reporting in-line earnings. The coffee shop operator is seeing relative strength despite falling short of the Capital IQ revenue forecast.
The day's lone economic data point, December new home sales, will be reported in 15 minutes.