The markets opened mixed with the Dow losing 30 points to 26,087 as consumer sentiment unexpectedly fell in January. Nasdaq gained 16 points to 7312.

On the upside

Nomura Instinet said that Square (NYSE: SQ) had the potential to surge 59% in 2018.

Nasdaq wrote that buying Momo (Nasdaq: MOMO) was an inexpensive way to invest in Chinese internet stocks.

Macquarie Research upgraded Hertz (NYSE: HTZ) fro a Neutral rating to an Outperform rating and lifted its price target from $26.00 to $30.00.

On the downside

International Business Machines (NYSE: IBM) forecast 2018 earnings below expectations.

Shares of General Electric (NYSE: GE) fell for the sixth day.

Atlassian (Nasdaq: TEAM) widened second quarter losses and forecast current quarter earnings below expectations.

In the broad market, declining issues outpaced advancers by a margin of nearly 6 to 5 on the NYSE and by more than 5 to 4 on Nasdaq. The broader S&P 500 rose 4 points to 2,802. Bitcoin climbed $211 to $11,505.