Stocks open mixed on Wall Street ahead of earnings

Associated Press
FILE- In this Thursday, April 4, 2013, file photo, trader Luigi Muccitelli, right, works on the floor of the New York Stock Exchange Thursday, April 4, 2013. Asian stock markets were mixed Monday April 8, 2013 amid concerns about tensions on the Korean Peninsula and bird flu in China, but European stocks rose as traders looked ahead to corporate earnings season in the U.S. (AP Photo/Richard Drew, File)

NEW YORK (AP) — Stocks are mixed in early trading on Wall Street as traders gear up for the beginning of corporate earnings reports.

The Dow Jones industrial average was off 23 points, or 0.2 percent, at 14,541 shortly after the opening bell Monday.

The Standard & Poor's 500 index was down less than a point, or 0.04 percent, at 1,552. The Nasdaq composite rose five points, or 0.1 percent, to 3,208.

Investors are turning their attention to U.S. corporate earnings results following a dismal report on employment on Friday.

Aluminum maker Alcoa becomes the first company in the Dow Jones industrial average to report its results later Monday, after the close of trading.

European markets were slightly higher.