https://apnews.com/ccd3fc10c703e8cdd49cfc210f4c474c

NEW YORK (AP) — Stocks are opening higher on Wall Street as traders were able to find encouraging signs in some of the earnings reports that big U.S. companies are putting out. Tesla jumped 10% in the early going Thursday after reporting results that were better than analysts were expecting and saying demand for its products is strong. Data storage company Seagate was also sharply higher after reporting better-than-expected results, but paint maker Sherwin-Williams sank after issuing a forecast that was weaker than analysts were expecting. The government’s initial estimate showed that U.S. economic growth slowed in the final quarter of 2022 but still beat forecasts. The S&P 500 was up 0.3%.

THIS IS A BREAKING NEWS UPDATE. AP’s earlier story follows below.