It was a mixed close for the markets with the Dow rising 13 points to 17,990 as disappointing earnings tempered enthusiasm for rising crude oil prices. Nasdaq slipped 7 points to 4,888.
On the upside
American Midstream (NYSE: AMID) acquired interests in Gulf of Mexico midstream infrastructure and incremental ownership in Delta House for approximately $225 million.
Tenneco (NYSE: TEN) reported higher first quarter earnings and revenue that topped analyst estimates and lifted its full year revenue forecast.
InVivo Therapeutics (Nasdaq: NVIV) announced that the sixth-implanted patient in the INSPIRE study has improved from a complete AIS A spinal cord injury to an incomplete AIS B spinal cord injury.
On the downside
Amira Nature Foods (NYSE: ANFI) reported lower six month earnings and revenue.
Barnes Group (NYSE: B) reported lower first quarter earnings and revenue.
First quarter earnings and revenue fell for Corning (NYSE: GLW).
In the broad market, advancing issues outpaced decliners by a margin of nearly 7 to 2 on the NYSE and by more than 5 to 3 on Nasdaq. The broader S&P 500 added 3 points to 2,091. Bitcoin rose $2 to $464.