The markets opened flat with the Dow rising 6 points to 17,092 even as first time applications for unemployment benefits fell. Nasdaq slipped 2 points to 4,471.
On the upside
Second quarter revenue climbed for Under Armour (NYSE: UA) prompting the sports apparel maker to lift its full year forecast.
Logitech International (Nasdaq: LOGI) reported sharply higher first quarter earnings and lifted its full year earnings guidance.
8x8 (Nasdaq: EGHT) reported lower first quarter earnings but revenue climbed to top analyst estimates.
On the downside
Angie's List (Nasdaq: ANGI) widened second quarter losses more than expected prompting downgrades.
Second quarter earnings edged up for TripAdvisor (Nasdaq: TRIP) but the results fell short of expectations.
Terex (NYSE: TEX) reported sharply higher second quarter earnings and revenue but the stock price dropped.
In the broad market, declining issues outpaced advancers by a margin of nearly 10 to 9 on the NYSE while advancers edged out decliners by a margin of nearly 10 to 9 on Nasdaq. The broader S&P 500 added a point to 1988. Bitcoin fell $23 to $592.
