UPDATE: Stocks Edge Higher in Early Trade; Microsoft Jumps 8/23/13
NEW YORK - Stocks are edging higher in early trading on Wall Street a day after pricing problems shut down the Nasdaq exchange for three hours.
Microsoft jumped 7 percent after the company said Steve Ballmer would retire as CEO within the next 12 months.
Interest rates continued to edge higher. The yield on the benchmark 10-year Treasury note rose to 2.90 percent from 2.89 percent.