The markets traded mixed during the midday with the Dow rising 16 points to 17,993 as crude oil prices advanced. Nasdaq eased a point to 4,894.
On the upside
Shares of Ocean Rig (Nasdaq: ORIG) extended its gains.
Rising crude oil prices lifted shares of Legacy Reserves (Nasdaq: LGCY).
Sanmina (Nasdaq: SANM) reported sharply higher first quarter earnings that beat analyst expectations.
On the downside
Active Power (Nasdaq: ACPW) widened first quarter losses as revenue tumbled.
Investors locked in profits on Macrocure (Nasdaq: MCUR).
Nabors Industries (NYSE: NBR) fell to a loss for the first quarter as revenue plunged.
In the broad market, advancing issues outpaced decliners by a margin of nearly 7 to 2 on the NYSE and by nearly 5 to 3 on Nasdaq. The broader S&P 500 rose 4 points to 2,092. Bitcoin held steady at $461.