US stocks edge up as Lilly, Super Micro earnings cushion software jitters
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The S&P 500 opened largely flat and the Dow marginally higher on Wednesday, following upbeat results from Eli Lilly and Super Micro Computer, while investors avoided big bets on software and cloud stocks after a bruising selloff in the previous session.
At 09:30 a.m. ET, the Dow Jones Industrial Average rose 175.92 points, or 0.40%, to 49,439.32, the S&P 500 gained 2.91 points, or 0.04%, to 6,920.72 and the Nasdaq Composite lost 63.55 points, or 0.27%, to 23,191.63.
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