NEW YORK, Oct. 12 (Xinhua) -- Wall Street edged higher in early trading Monday, as the weak dollar uplifted commodities.
The U.S. dollar fell against a basket of major currencies and boosted equity market by lifting commodity prices. Crude oil climbed above 73 U.S. dollars a barrel on the New York Mercantile Exchange.
Investors closely watched a series of blue-chip earnings reports this week, beginning on Tuesday with Intel Corp and Johnson & Johnson. And many big banks, the most hit sector during the recession, are scheduled to release earnings as well.
The Dow Jones rose 35.97 to 9,900.91. Broader indexes went slightly higher. The Standard & Poor's 500 index added 3.57 to 1,075.06 and the Nasdaq rose 10.51 to 2,149.79.
