NEW YORK (AP) — U.S stocks are wavering between small gains and losses in early trading on Wall Street Thursday. Energy and health care companies are gaining, but basic materials companies are lower. Investors are focused on second-quarter results from large companies like American Express and Philip Morris as well as the latest commentary from the European Central bank, which left its key interest rate unchanged. Major stock indexes closed at record highs a day earlier.
Stocks powered up into early gains Thursday, despite a weak reading on July manufacturing, as earnings news fueled early trade.
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