NEW YORK (AP) -- Stronger economic growth in China and a pickup in U.S. corporate earnings are sending the stock market mostly higher in early trading. The Standard & Poor's 500 index was up about five points after the first hour of trading and the Nasdaq had added nearly 30. The Dow was down about 30. Earlier European and Asian markets rose. Benchmark crude oil rose above $101 a barrel.
BRUSSELS (AP) -- Canada now has free trade deals with its two largest trading partners, the U.S. and the European Union. The latest deal came today in a tentative agreement with the EU. European Commission President Jose Manuel Barroso (zhoh-ZAY' man-WEHL' bah-ROH'-zoh) said the two sides have reached a "breakthrough in negotiations." The agreement would make it easier for companies in each country to invest in and sell to one another. The EU is a $17 trillion economy.
LONDON (AP) -- Experts say a strengthening euro that has pushed above $1.37 for the first time since February could be a stumbling block in the single currency zone's recovery from recession. Europe's currency has garnered support thanks to an easing in the continent's debt crisis and a return to economic growth. Analysts say the strength of the euro could make the eurozone's exports more expensive.
NEW YORK (AP) -- General Electric has beaten earnings estimates though third quarter profits slipped. GE says net income fell 9 percent in the third quarter as the company struggles to grow revenue and profits after shedding media and banking assets. GE earned $3.19 billion on revenue of $35.7 billion in the third quarter. During last year's third quarter the company earned $3.49 billion on revenue of $36.3 billion. GE's earnings per share dropped to 31 cents, from 33 cents last year.
NEW YORK (AP) -- A new report cites improved funding for U.S. startups in the third quarter from a year-ago. The report today says venture capitalists poured money into a growing number of fledging software companies. According to the report, total investments in startups rose 17 percent to $7.78 billion from $6.63 billion in the July-September quarter of 2012.
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