NEW YORK (CNN/Money) - U.S. stocks edged higher early Thursday as investors sorted through a mixed group of earnings, one session after a blue chip rally pushed the Dow to its highest close in nearly two years.

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After five minutes of trading, the Dow Jones industrial average (up 16.00 to 10639.62, Charts), the Standard & Poor's 500 (up 1.12 to 1148.74, Charts) index and the Nasdaq composite (up 3.84 to 2146.29, Charts) all traded modestly higher.

Among the session's earnings reports:

Nokia (NOK: up $0.28 to $21.25, Research, Estimates) reported earnings early Thursday at the top end of forecasts, due to strong mobile phone sales and reiterated its forecast of strong global handset growth this year.

Dow component AT&T (T: down $0.87 to $20.38, Research, Estimates) posted lower fourth-quarter net income as weak customer demand continued to hurt its revenue. However, its earnings per share were more than what analysts had expected.

Eastman Kodak (EK: up $3.19 to $30.65, Research, Estimates) shot up after the company reported earnings per share that rose from a year earlier and topped estimates. Kodak also said it will cut 20 percent of its work force and take charges of between $1.3 billion and $1.7 billion over the next three years as it tries to evolve its traditional photography business.

Online auctioneer eBay (EBAY: up $2.55 to $66.93, Research, Estimates) reported earnings late Wednesday of 24 cents per share, up from a year earlier and more than what analysts had forecast, sending shares higher.

Ford Motor (F: down $0.08 to $16.36, Research, Estimates) reported earnings of 31 cents per share in the fourth-quarter, much more than it earned a year earlier and above Wall Street's forecast. The company also said that first-quarter results would come in at or below estimates.

Adding some support to the market, the Labor Department said the number of Americans filing new claims for unemployment benefits fell last week to 341,000 from a downwardly revised 342,000 the prior week, when economists expected a slight rise.

Treasury prices rose, with the 10-year note yielding 4.02 percent, unchanged from late Wednesday. The dollar slid against the euro and yen.

Brent crude oil futures rose 26 cents to $31.12 a barrel in London. COMEX gold was unchanged at $411.20.

Asian markets closed little changed, with a number of the markets closed for national holidays. European markets were mixed at midday.