Markets open higher as consumer sentiment climbs

A greater than expected gain in consumer sentiment lifted the markets to a higher open with the Dow climbing 89 points to 17,979. Nasdaq slipped 5 points to 5,107.

On the upside

Shares of Cleveland BioLabs (Nasdaq: CBLI) continued to climb.

National Bank of Greece (NYSE: NBG) stock rose as Greece moved closer to a debt deal.

Bargain hunters lifted shares of Magnum Hunter Resources (NYSE: MHR).

On the downside

Celladon (Nasdaq: CLDN) will suspend development of all programs and will aggressively pursue the sale of the company.

Micron (Nasdaq: MU) disappointed with lower third quarter earnings and revenue that missed expectations prompting a downgrade.

The Wall Street Journal reported that Valeant Pharmaceuticals (NYSE: VRX) was exploring a possible acquisition of Zoetis (NYSE: ZTS).

In the broad market, declining issues outpaced advancers by a margin of more than 10 to 9 on the NYSE and by nearly 10 to 9 on Nasdaq. The broader S&P 500 added 3 points to 2106. Bitcoin eased a fraction to $241.