Stocks waver in early trading on Wall Street

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Associated Press

Posted on May 10, 2013 at 10:00 AM

Updated Friday, May 10 at 10:02 AM

NEW YORK (AP) — Stock indexes are little changed in early trading on Wall Street but the market is still on track to post solid gains for the week.

The Dow Jones industrial average was down six points at 15,076 shortly after the opening bell Friday. The Dow is still up 0.7 percent for the week, and 15 percent so far this year.

The Standard & Poor's 500 was down a fraction of a point at 1,626.

The Nasdaq was up seven points at 3,416.

Priceline.com and chip maker Nvidia both rose after reporting higher earnings. Clothing store chain Gap rose after reporting higher sales in April and predicting first-quarter earnings that were higher than analyst expected.

Japanese stocks surged after the dollar rose above 100 yen for the first time in four years.

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