AMEX:SPY   SPDR S&P 500 ETF TRUST
UPS, 3M and General Motors all posted better-than-expected earnings. Shares of UPS and GM rose in early trading, but 3M dipped 1.6%.

Coca-Cola also reported stronger-than-forecast earnings, sending the stock up 1%.

So far this season, companies have proven they may be faring better than anticipated.
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