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Stocks inch higher in early trading on Wall Street

FILE - In this Wednesday, May 29, 2013, file photo, Specialist Peter Giacchi, left, works on the floor of the New York Stock Exchange. Dow Jones industrial futures are up 41 points Thursday, May 30, 2013, to 15,027. The broader S&P futures have added 5.5 points to 1,624.10. Nasdaq futures are up 11.5 points to 2,964. (AP Photo/Richard Drew, File)

NEW YORK (AP) -- Stocks are edging higher in early trading on Wall Street after the latest reports on the economy suggested a steady recovery in the U.S.

The Dow Jones industrial average was up 17 points at 15,319 shortly after the opening bell Thursday, a gain of 0.1 percent. The Dow is nearly unchanged for the week after a 106-point drop on Wednesday.

The Standard & Poor's 500 index was up four points at 1,652, or 0.3 percent. The Nasdaq composite rose 13 points to 3,480, or 0.4 percent.

The government reported that the U.S. economy grew at an annual rate of 2.4 percent in the first three months of the year. That was slightly slower than initially estimated but better than the 0.4 percent growth in the October-December quarter.