Stocks opened higher on robust corporate results, but disappointing inflation data limited gains. Honeywell International reported Q1 net income of 52 cents a share, up vs. 42 cents a share last year on 12% sales growth, exceeding estimates. Pfizer topped expectations, posting Q1 earnings rise of 56 cents a share, despite decrease in revenue. Yahoo advanced 7% after reporting Q1 earnings rise, in line with estimates. |
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