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US stocks open mixed as investors assess earnings

Choi Chi-hun, President and CEO of Samsung C&T Corporation, leaves after he spoke to the media about a general meeting in Seoul, South Korea, Friday, July 17, 2015. Shareholders approved Friday a highly contested deal that strengthens the Samsung family's grip on the world's largest smartphone maker, sparking criticism that South Korea lacks sufficient protections for foreign investors and small shareholders. (AP Photo/Lee Jin-man)

NEW YORK (AP) — U.S. stocks are opening mixed as investors assess the latest batch of earnings news.

The Dow Jones industrial average was down 59 points, or 0.3 percent, at 18,055 as of 9:35 a.m. Eastern time Friday.

The Standard & Poor’s 500 index dropped one point, or 0.1 percent, to 2,122. The Nasdaq composite climbed 26 points, or 0.5 percent, to 5,190.

Google surged after reporting earnings that exceeded the expectations of Wall Street analysts.

Boeing slumped after it announced that it would take a $536 million charge related to its aerial refueling tanker program.

Bond prices didn’t move much. The yield on the 10-year Treasury note edged up to 2.36 percent from 2.35 percent a day earlier.

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