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Strong company earnings, oil recovery send stocks higher

FILE - In this Tuesday, Sept. 8, 2015, file photo, a Wall Street street sign is framed by a giant American flag hanging on the facade of the New York Stock Exchange. Global stock markets were having another lackluster day Wednesday, Feb. 3, 2016, amid ongoing worries over the state of the world economy, which has piled the pressure on oil prices in particular. (AP Photo/Mary Altaffer, File)

NEW YORK — Stocks are gaining ground in early trading as investors were encouraged by some strong company earnings reports and a pickup in the price of crude oil. Comcast jumped 3 percent after reporting its best year for traditional cable TV services in almost a decade. Electrical systems manufacturer Eaton Corp. surged 4 percent after reporting earnings that came ...

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