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New York - US stocks rose early on Wednesday following mixed earnings results as a weak Chinese economic report fueled talk of more monetary stimulus in the world's second-biggest economy.
About 25 minutes into trade, the Dow Jones Industrial Average was at 18 128.39, up 91.69 points (0.51%).
The broad-based S&P 500 rose 11.05 (0.53%) to 2 106.89, while the tech-rich Nasdaq Composite Index advanced 20.76 (0.42%) to 4 998.05.
Bank of America slipped 0.2% after returning to profitability in the first quarter with $3.4bn, compared with a loss of $276bn a year ago on a huge legal charge. But the bank's trading performance was lackluster.
Dow member Intel jumped 2.3% as first-quarter net income rose three percent to $2bn despite weakness in its personal computer-related business.
China's economy slowed to an annual growth rate of 7% in the first quarter, official data showed Wednesday. That marked the weakest expansion since the first quarter of 2009, at the height of the global financial crisis, stoking speculation that the government will step up actions to support the economy.
Google fell 0.9% after European Union antitrust officials charged it with abusing its search engine's dominance to favor its own products. Google vowed to fight the charges, saying there is "more choice than ever before" on its search engine.
Delta Air Lines surged 3.7% after first-quarter earnings came in at more than three times the year-ago level at $746m. The airline said it would cut its international capacity due to the strong dollar.
Fellow airlines American Airlines and United Continental rose 1.8% and 1.2%, respectively.
Bond prices rose. The yield on the 10-year US Treasury fell to 1.88% from 1.90% on Tuesday, while the 30-year dipped to 2.53% from 2.54%. Bond prices and yields move inversely.
