LIVE MARKETS-Stocks higher in early trade as tech leads

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STOCKS HIGHER IN EARLY TRADE AS TECH LEADS

U.S. stocks were higher in the early stages of trading, as investors turned their focus to corporate earnings as tariff upheaval appears to have temporarily subsided.

Tech .SPLRCT was up more than 2% to lead S&P 500 sector gains, with ServiceNow NOW.N surging more than 14% after its quarterly results topped expectations.

Hasbro HAS.O shot up more than 15% as the best performer on the S&P 500 after its earnings report, buoyed by its gaming segment, and kept its annual forecast intact, shrugging off any potential tariff impact.

On the downside, Fiserv FI.N plummeted more than 15% as the company missed Q1 revenue estimates due to slowing demand in its payments processing unit.

Still, the signs of the tariff cloud was evident in some economic data, as business spending slowed, although the labor market appears to remain resilient.

Below is your Thursday morning market snapshot:

(Chuck Mikolajczak)

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