NEW YORK – U.S. stocks are moving higher in early trading as the market bounces back from a steep decline the day before.
Athenahealth, which makes billing and medical software, rose early Friday after reporting that its income nearly doubled.
LinkedIn plunged 18 percent after releasing a disappointing forecast late Thursday.
The Dow Jones industrial average rose 107 points, or 0.6 percent, to 17,955 as of 9:35 a.m. Eastern time. It fell 195 points the day before.
The Standard & Poor's 500 index rose 12 points, or 0.6 percent, to 2,097. The Nasdaq composite rose 31 points, also 0.6 percent, to 4,972.
Most Asian and European markets were closed for a holiday.
Bond prices fell. The yield on the 10-year Treasury note rose to 2.07 percent.