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Stocks higher; can suit retailers stitch a deal?

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U.S. stocks opened higher to start the new week.


In Asia, China's Shanghai composite index slid 1.8% to 2,076.69 and Hong Kong's Hang Seng index shed 1.1% to 22,325.41. Japan's Nikkei 225 stock average was down 0.2% at 14,837.68.


Wall Street stocks fell Friday as investors assessed the latest round of company earnings.The S&P 500 fell 3.53 points, or 0.2%, to 1,836.25. The Dow dropped 29.93 points, or 0.2% percent, to 16,103.30. The tech-laden Nasdaq composite closed down 4.13 points, 0.1%, to 4,263.41.


HSBC: FRIDAY: Stocks close down at lows of session Profits up Contributing: Associated Press

Benchmark U.S. oil for April delivery up 29 cents at $102.50 in electronic trading on the New York Mercantile Exchange. The contract fell 55 cents on Friday to close at $102.20.


European shares moved lower in mid-morning trade.


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