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Originally published Wednesday, February 13, 2013 at 6:46 AM

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Stocks rise on Comcast deal, strong U.S. earnings

Stocks are edging higher in the early going after strong U.S. earnings and General Electric's sale of its remaining NBCUniversal stake.

The Associated Press

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This deal is going to be gold for Comcast for one very simple reason - Christina Ricci... MORE

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NEW YORK —

Stocks are edging higher in the early going after strong U.S. earnings and General Electric's sale of its remaining NBCUniversal stake.

The Dow Jones industrial average rose 1 point to 14,020 shortly after the opening bell Wednesday. The index rose to its highest close since 2007 on Tuesday following strong quarterly results from builders and retailers.

The Standard & Poor's 500 index rose 3 points to 1,523. The Nasdaq composite climbed 10 points 3,197.

Deere & Co. and Duke Energy are reporting strong earnings. GE is selling its 49 percent stake in NBCUniversal to Comcast Corp. the nation's largest cable TV operator, for $16.7 billion.

The government reported retail sales ticked up 0.1 percent last month. The small increase suggests spending may be weak in the January-March quarter.

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