The markets recovered in late afternoon trading to close higher with the Dow climbing 89 points to 16,262. Nasdaq rose 11 points to 4,034.
On the upside
NQ Mobile (NYSE: NQ) repurchased its stock in the aftermath of a sharp drop due to disappointing results.
Twitter (NYSE: TWTR) paid an undisclosed sum for data partner Gnip.
Splunk (Nasdaq: SPLK) introduced the Splunk App for VMware.
On the downside
Comverse (Nasdaq: CNSI) reported lower fourth quarter revenue that fell short of analyst expectations.
Arrowhead Research (Nasdaq: ARWR) extended its losses.
Zebra Technologies (Nasdaq: ZBRA) will fund its $3.45 billion cash acquisition of Motorola Solutions' enterprise business through new debt.
In the broad market, advancing issues outpaced decliners by a margin of nearly 5 to 3 on the NYSE while decliners edged out advancers by a slim margin of 10 to 9 on Nasdaq. The broader S&P 500 gained 12 points to 1842. Bitcoin rose $10.00 or 1.98% to $516.00.
