US STOCKS-Wall Street edges higher after three-week run

lunes 10 de noviembre de 2014 12:06 GYT

* Gilead climbs after Merck's hepatitis C drug trial results

* McDonald's sales fall in October

* Cable companies fall after Obama's net neutrality statement

* Indexes up: Dow 0.16 pct, S&P 0.27 pct, Nasdaq 0.42 pct (Adds detail on cable stocks, updates prices)

By Chuck Mikolajczak

NEW YORK, Nov 10 (Reuters) - U.S. stocks edged higher on Monday, as a dearth of major market catalysts left little incentive for investors to make big bets after the Dow and S&P 500 advanced for a third straight week to record highs.

Earnings season begins to wind down this week, with 16 S&P 500 companies expected to report quarterly results, including retailers Wal-Mart and Macy's and network equipment maker Cisco Systems.

"We have had a nice run and last week we did see the markets largely go into neutral and take a bit of a pause," said Peter Kenny, chief market strategist at Clearpool Group in New York.

"Earnings season is coming to a close, there are no economic data releases for the next two days, we've gotten more or less the framing for the market."   Continuación...