The markets opened higher with the Dow gaining 38 points to 18,567 as crude oil prices rose again. Nasdaq climbed 17 points to 5,230.
On the upside
Randstad Holding offered a premium of approximately $429 million to acquire Monster Worldwide (NYSE: MWW).
Resolute Energy (NYSE: REN) narrowed losses for the second quarter.
Health Insurance Innovations (Nasdaq: HIIQ) reversed year ago losses to post a profit for the second quarter.
On the downside
MaxLinear (NYSE: MXL) swung to a profit for the second quarter but revenue fell short of expectations and the company forecast current quarter revenue below estimates.
Impax Laboratories (Nasdaq: IPXL) widened second quarter losses more than expected as revenue dropped.
Wayfair (Nasdaq: W) widened losses for the second quarter more than expected.
In the broad market, advancing issues outpaced decliners by a margin of 3 to 2 on the NYSE and by more than 7 to 5 on Nasdaq. The broader S&P 500 rose 3 points to 2,184. Bitcoin slipped $1 to $586.
