US stocks open higher following strong profits reports from companies including SpaceX

U.S. stocks are ticking higher as strong profit reports from SpaceX, Capital One Financial and other big companies help offset updates from Netflix and AT&T that investors found disappointing. The S&P 500 rose 0.2% early Wednesday and is on track for a third straight modest gain. The Dow Jones Industrial Average edged up 64 points, and the Nasdaq composite rose 0.6%. SpaceX jumped 10% after reporting a stronger profit for the summer than analysts expected. Other stocks rallying on profit reports that topped expectations included Capital One Financial and Winnebago Industries. European indexes were higher and Asian markets closed mixed.THIS IS A BREAKING NEWS UPDATE. Check back for updates. AP’s earlier story follows below.U.S. futures are higher as Wall Street digests the latest round of earnings reports while oil prices tick higher.Futures for the S&P 500 rose 0.2% on Wednesday, while those for the Nasdaq climbed 0.4%. Futures for the...