Stocks opened in the positive as strong earnings overshadowed interest rate concerns. Colgate-Palmolive rose 1.2% on higher Q1 profit. The consumer products maker reported profit increase of 8.1% to 59 cents a share, from 53 cents, a year ago, citing solid sales and volume gains. Boeing reported Q1 net income rise of 88 cents per share, beating estimates of 76 cents per share, but quarterly revenue below analyst expectations. |
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